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Committee holds public hearing on House Bill 650 to clean up dedicated funds
Summary
A public hearing on House Bill 650 heard sponsors describe three technical changes: splitting Cannon Mountain accounting, capping a robotics education fund, and repealing two obsolete dedicated funds; the committee did not act at the hearing.
A public hearing was held on House Bill 650, a cleanup bill for a set of state dedicated funds, sponsors told the committee.
Dan McGuire, who said he represents the town of Epsom, and Representative Almi of Lebanon described three main provisions of the bill. The bill would split an existing Parks Department dedicated fund so that Cannon Mountain’s winter recreation accounting is separate from the department’s general parks fund; it would cap a robotics education dedicated fund at $1 million so excess balances lapse to the general fund; and it would repeal two small dedicated funds whose enabling…
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