SB 309-FN-A (2012, failed) appropriating $10 million for UNH and $5 million for the community colleges

posted Jan 28, 2012, 9:14 PM by Bill Duncan   [ updated Mar 31, 2012, 4:18 AM ]
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AN ACT relative to the transfer of real and personal property from the former department of regional community-technical colleges to the board of trustees of the community college system of New Hampshire and relative to the tax exempt status of real estate and personal property owned by the community college system of New Hampshire.

SPONSORS: Sen. Bragdon, Dist 11; Sen. Stiles, Dist 24; Sen. Merrill, Dist 21; Sen. Kelly, Dist 10; Rep. E. Smith, Ches 4; Rep. Kotowski, Merr 9; Rep. Gile, Merr 10; Rep. Major, Rock 8; Rep. Schroadter, Rock 12

COMMITTEE: Education

AMENDED ANALYSIS

This bill:

I. Authorizes the transfer of all real and personal property from the former department of regional community-technical colleges to the board of trustees of the community college system of New Hampshire.

II. Clarifies the tax exempt status for real estate and personal property owned by the community college system of New Hampshire.

III. Authorizes the board of trustees of the community college system of New Hampshire to sell real property with prior approval of the long range capital planning and utilization committee.

IV. Provides that the effective date of this act is contingent on the community college system of New Hampshire completing a survey of its Concord property and providing evidence of insurance coverage for its Concord property.