N.H. Rev. Stat. § 260:32-b

Current through Chapter 381 of the 2024 Legislative Session
Section 260:32-b - [See Note] Expenditure of Certain Road Toll Revenue
I. For the fiscal year ending June 30, 2015, expenditure of revenues collected from adjustments under RSA 260:32-a for rates that exceed $.18 per gallon, less required "Apportionment A" distributions under RSA 235:23, I on said revenues, shall be made for the following purposes in the following order of priority:
(a) $12,000,000 shall be expended for the district rehabilitation program with said funds to be distributed equally among the 6 state highway districts.
(b) $13,200,000 shall be expended for the district resurfacing program with said funds to be distributed equally among the 6 state highway districts.
(c) All remaining funds shall be for the purpose of state bridge aid for municipal bridges under RSA 234.
II. For the fiscal year ending June 30, 2016, expenditure of revenues collected from adjustments under RSA 260:32-a for rates that exceed $.18 per gallon, less required "Apportionment A" distributions under RSA 235:23, I on said revenues, shall be made for the following purposes in the following order of priority:
(a) Debt service payments for bonds issued pursuant to RSA 6:13-d.
(b) In addition to sums otherwise appropriated, $6,800,000 for state bridge aid for municipal bridges under RSA 234.
(c) Up to $8,300,000 shall be appropriated to the department of transportation bureau of highway maintenance.
(d) All remaining funds deposited into the highway and bridge betterment account under RSA 235:23-a.
III. For the fiscal year ending June 30, 2017, expenditure of revenues collected from adjustments under RSA 260:32-a for rates that exceed $.18 per gallon, less required "Apportionment A" distributions under RSA 235:23, I on said revenues, shall be made for the following purposes in the following order of priority:
(a) Debt service payments for bonds issued pursuant to RSA 6:13-d.
(b) In addition to sums otherwise appropriated, $6,800,000 for state bridge aid for municipal bridges under RSA 234.
(c) Up to $8,300,000 shall be appropriated the department of transportation bureau of highway maintenance.
(d) All remaining funds deposited into the highway and bridge betterment account under RSA 235:23-a.
IV. For the fiscal year ending June 30, 2018 and each fiscal year thereafter, expenditure of revenues collected from adjustments under RSA 260:32-a for rates that exceed $.18 per gallon, less required "Apportionment A" distributions under RSA 235:23, I on said revenues, shall be made for the following purposes in the following order of priority:
(a) Debt service payments for bonds issued pursuant to RSA 6:13-d.
(b) In addition to sums otherwise appropriated, $6,800,000 for state bridge aid for municipal bridges under RSA 234.
(c) All remaining funds deposited into the highway and bridge betterment account under RSA 235:23-a.

RSA 260:32-b

Amended by 2015 , 276: 210, eff. 7/1/2015.
Repealed by 2014 , 17: 5, eff. on the date the state treasurer certifies to the governor, the senate president, the speaker of the house of representatives, the commissioner of the department of safety, the director of the office of legislative services, and the secretary of state that the bonds authorized in RSA 6:13-d are paid in full, or 20 years after the initial issuance of such bonds, whichever is earlier.
Added by 2014 , 17: 3, eff. 7/1/2014.

2014, 17 : 3 , eff. July 1, 2014. 2015, 276 : 210 , eff. July 1, 2015.