New Hampshire Revised Statutes 177:8 – Historical Fund
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I. The commission is hereby authorized and directed to enter into contracts for the manufacture and purchase of commemorative bottles of historic significance, and pamphlets describing their historical significance. The commission shall add a special markup including the cost of the pamphlets to the cost of the bottles, above its customary markups for retail sales.
II. All revenue from these special markups shall be reported separately by the commission and, after the cost of the pamphlets is subtracted, shall be credited to the legislative appropriation and kept as a special nonlapsing fund to be known as the historical fund. The historical fund shall be within the oversight of the joint legislative historical committee established in N.H. Rev. Stat. § 17-I:1. No part of the fund shall be transferred or expended for any purpose except by the joint legislative historical committee in carrying out its responsibilities under RSA 17-I.
II. All revenue from these special markups shall be reported separately by the commission and, after the cost of the pamphlets is subtracted, shall be credited to the legislative appropriation and kept as a special nonlapsing fund to be known as the historical fund. The historical fund shall be within the oversight of the joint legislative historical committee established in N.H. Rev. Stat. § 17-I:1. No part of the fund shall be transferred or expended for any purpose except by the joint legislative historical committee in carrying out its responsibilities under RSA 17-I.
Terms Used In New Hampshire Revised Statutes 177:8
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Commission: means the state liquor commission. See New Hampshire Revised Statutes 175:1
- Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
- Oversight: Committee review of the activities of a Federal agency or program.