This bill amends existing law to empower the state treasurer to invest funds from the nongame species special fund, which is part of the fish and game fund. Specifically, it establishes a separate nonlapsing account known as the nongame species account, where moneys obtained by the fish and game department, including federal funds, state appropriations, and donations, will be deposited. The new legal language inserted into the law specifies that the state treasurer shall invest funds specifically designated for the nongame species account, and any interest earned from these investments will also be credited to the account.

The bill aims to enhance the financial management of resources dedicated to the development and implementation of a comprehensive nongame species management program. The effective date of the act is set for 60 days after its passage, which is anticipated to be August 9, 2025.

Statutes affected:
Introduced: 212-B:6
As Amended by the Senate: 212-B:6
Version adopted by both bodies: 212-B:6
CHAPTERED FINAL VERSION: 212-B:6