This bill mandates that Volunteer NH assess the financial requirements to establish a new full-time position aimed at supporting post-service college and career pathways for AmeriCorps alumni and returned Peace Corps volunteers. It specifically appropriates the necessary funds for this position for the fiscal year ending June 30, 2026, allowing the governor to draw from the treasury for this purpose. The bill also stipulates that the new position will be funded through the General Fund, with estimated expenditures of $74,810 in FY 2026, increasing to $77,024 in FY 2027 and $79,306 in FY 2028, reflecting a 3% annual salary increase and associated fringe benefits.

The effective date of this act is set for July 1, 2025. The bill does not include any provisions for funding beyond FY 2026, which may necessitate future appropriations to sustain the position. The language of the bill does not contain any deletions from current law but introduces new legal language to establish the funding and purpose of the new position within Volunteer NH.