Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

New Hampshire Senate Bill 107 allows treasurer to invest nongame species special fund

January 22, 2025 | Introduced, Senate, 2025 Bills, New Hampshire Legislation Bills, New Hampshire


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

New Hampshire Senate Bill 107 allows treasurer to invest nongame species special fund
In a move aimed at enhancing wildlife conservation efforts, the New Hampshire Legislature has introduced Senate Bill 107, which seeks to empower the state treasurer to invest funds from the nongame species special fund. Proposed by Senator Lang and backed by the fish and game department, the bill was introduced on January 22, 2025, and is currently under review by the Energy and Natural Resources Committee.

The primary objective of SB 107 is to establish a nonlapsing account within the fish and game fund specifically for nongame species. This account will not only include state appropriations and donations but also any federal funds that may become available. By allowing the state treasurer to invest these funds, the bill aims to generate interest that can be reinvested into the account, thereby supporting a comprehensive management program for nongame species.

The introduction of this bill comes at a time when wildlife conservation is increasingly critical, particularly for species that do not fall under traditional game classifications. The ability to invest these funds could significantly bolster the financial resources available for conservation initiatives, potentially leading to improved outcomes for various species and their habitats.

While the bill has garnered support from conservation advocates, it has also sparked discussions regarding the management of public funds and the prioritization of wildlife programs. Critics may raise concerns about the risks associated with investing public money, emphasizing the need for transparency and accountability in how these funds are managed.

The implications of SB 107 extend beyond financial management; they touch on broader environmental and ecological concerns. As New Hampshire faces challenges related to habitat loss and climate change, the successful implementation of a nongame species management program could play a vital role in preserving biodiversity within the state.

As the bill progresses through the legislative process, stakeholders will be closely monitoring its developments. If passed, SB 107 could set a precedent for how state funds are utilized in wildlife conservation, potentially influencing similar initiatives in other states. The anticipated effective date of the bill is 60 days following its passage, marking a significant step forward in New Hampshire's commitment to protecting its natural heritage.

View Bill

This article is based on a bill currently being presented in the state government—explore the full text of the bill for a deeper understanding and compare it to the constitution

View Bill

Sponsors

Proudly supported by sponsors who keep New Hampshire articles free in 2025

Scribe from Workplace AI
Scribe from Workplace AI