This bill amends the powers and duties of the New Hampshire Vaccine Association by requiring that funds collected through assessments be disbursed by the end of each fiscal year, to the extent practicable, and not exceeding 90 days thereafter. Specifically, a new paragraph is added to RSA 126-Q:5, stating that assessments collected, including those deposited in the state vaccine purchase fund, must adhere to this timeline. Additionally, the bill modifies the language in RSA 126-Q:3, V(m) to clarify that assessments will be deposited annually with the state treasurer for the vaccine purchase fund, while also allowing for the return of unexpended funds for childhood vaccines to the association upon request.

The bill also includes several insertions and deletions to refine the language regarding the collection and disbursement of funds. Notably, the term "annually" is inserted to specify the frequency of deposits, and the phrase "to the credit of" is replaced with "for deposit in" to clarify the relationship between the association and the state treasurer. The fiscal impact statement indicates that the bill will not affect state, county, or local expenditures or revenue. The act is set to take effect 60 days after its passage.

Statutes affected:
As Amended by the House: 126-Q:3
As Amended by the Senate: 126-Q:3
Version adopted by both bodies: 126-Q:3