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 appropriates the necessary funds for this position for the fiscal year ending June 30, 2026, with the governor authorized to draw from the treasury for this purpose. The bill also specifies 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 due to annual salary increases and associated costs.
The effective date of this act is set for July 1, 2025. The bill does not include any deletions from current law but introduces new provisions regarding the establishment and funding of the position at Volunteer NH. The fiscal note indicates that while the bill provides for funding in FY 2026, there are no appropriations beyond that fiscal year, which may require future legislative action to ensure continued support for the position.