This bill amends the statutory reference regarding the chief financial officer responsible for identifying eligible agency income for the New Hampshire armories or other national guard facilities fund. Specifically, it changes the designation from the CFO of the New Hampshire national guard to the CFO of the department of military affairs and veterans services. The updated language clarifies that the funds in this account, which are nonlapsing and continually appropriated, will be used to supplement general funds for managing and operating the facilities, excluding federal program income.
The bill is a request from the department of military affairs and veterans services and aims to streamline the financial oversight of the fund. The effective date for this change is set for July 1, 2026. The deletion of the previous CFO designation and the insertion of the new designation reflect the department's intent to centralize financial management under its authority.
Statutes affected: Introduced: 110-B:32-b
HB1025 text: 110-B:32-b