This bill proposes an increase in the boat decal fee by $5, with the additional revenue generated being allocated to the Dam Maintenance Fund established under RSA 482:55. Specifically, the bill amends RSA 270-E:5-a, II by inserting a new subparagraph (f) that states the new fee structure, which will take effect on January 1, 2027. The funds collected from this fee increase are expected to significantly contribute to the maintenance and upkeep of dams within the state.

The fiscal impact of this bill indicates that the state will begin to see revenue from the increased decal fees starting in FY 2027, with an estimated $267,500 collected in that year and approximately $535,000 in subsequent years. The Department of Safety anticipates that around 107,000 boat decals are issued annually, which will facilitate the expected revenue increase. Importantly, the implementation of this fee increase will not incur additional state expenditures, as it can be managed through existing systems. Local municipalities may also see an increase in revenue and expenditures if the additional funds are allocated for dam-related projects.

Statutes affected:
Introduced: 270-E:5, 482:8-a
As Amended by the House: 270-E:5-a