This bill amends existing laws regarding the management of conservation funds by specifying the roles of town and city treasurers. It inserts language to clarify that a city treasurer, in addition to a town treasurer, shall have custody of all moneys in a conservation fund and can only disburse these funds upon the order of the conservation commission. The bill also stipulates that the disbursement of conservation funds requires authorization from a majority of the conservation commission and mandates a public hearing before funds can be used for purchasing real property interests.

Additionally, the bill introduces a new paragraph to RSA 48:16, explicitly outlining the duties of the city treasurer concerning conservation funds. The effective date of the act is set for 60 days after its passage. Overall, the bill aims to enhance the governance and oversight of conservation funds at the city level, ensuring that financial decisions are made transparently and with public input.

Statutes affected:
Introduced: 36-A:5, 48:16
HB1151 text: 36-A:5, 48:16