New Hampshire Revised Statutes 486:6 – Retention of Funds
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I. The grantee shall retain an amount of the revenues derived from the payment of costs by industrial users of waste treatment services, to the extent costs are attributable to the federal share of eligible project costs provided pursuant to this chapter as determined by the department, equal to:
(a) The amount of the nonfederal cost of the project paid by the grantee; plus
(b) The amount determined in accordance with rules adopted by the commissioner, pursuant to RSA 541-A, which is necessary for future expansion and reconstruction of the project, except that the retained amount shall not exceed 50 percent of the revenues from the project.
II. That portion of revenues retained by the grantee attributable to paragraph I(b), together with any interest on that portion, shall be used solely for the purposes of future construction, expansion, and reconstruction of any treatment works within the grantee’s jurisdiction.
(a) The amount of the nonfederal cost of the project paid by the grantee; plus
Terms Used In New Hampshire Revised Statutes 486:6
- construction: shall include engineering services, in addition to the construction of new sewage treatment plants, pumping stations, intercepting sewers, and sewer separation by storm drains when the latter can be demonstrated as a cost-effective method for eliminating a combined sewer overflow structure; the altering, improving or adding to existing treatment plants, pumping stations, intercepting sewers, and sewer separation by storm drains when the latter can be demonstrated as a cost-effective method for eliminating a combined sewer overflow structure; provided the construction has been directed by the department, or constitutes a voluntary undertaking designed to control or reduce pollution in the surface waters of the state as defined in N. See New Hampshire Revised Statutes 486:1
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(b) The amount determined in accordance with rules adopted by the commissioner, pursuant to RSA 541-A, which is necessary for future expansion and reconstruction of the project, except that the retained amount shall not exceed 50 percent of the revenues from the project.
II. That portion of revenues retained by the grantee attributable to paragraph I(b), together with any interest on that portion, shall be used solely for the purposes of future construction, expansion, and reconstruction of any treatment works within the grantee’s jurisdiction.