There is a newer version
of
this Section
2017 New Hampshire Revised Statutes
Title XV - EDUCATION
Chapter 195-J - NEW HAMPSHIRE CHILDREN'S SAVINGS ACCOUNT PROGRAM
Section 195-J:4 - Reports.
Universal Citation: NH Rev Stat § 195-J:4 (2017)
195-J:4 Reports. –
I. (a) The treasurer shall, as needed, issue requests for proposals to evaluate and determine proposals which are best suited to the reporting and recordkeeping needs of the children's savings account program and fund.
(b) The commission shall consider and, if appropriate, give preference to proposals which best demonstrate experience in administering financial programs requiring individual account maintenance and reporting.
(c) The final selection of the proposal shall be made by the commission.
II. The state treasurer shall make quarterly reports regarding the status of the children's savings account program and children's savings account fund to the commission.
(a) At least annually, the commission shall issue or cause to be issued to each participant, a statement which shall include the participant's beginning balance, contributions, and earnings credited to their account during the previous fiscal year.
(b) At least annually, the commission shall make or cause to be made an annual report regarding the status of the children's savings account program to each participant in the program, to the speaker of the house of representatives, the senate president, and the state library.
(c) Prior to the implementation of the pilot programs in Coos county and in the city of Manchester, the commission shall submit a report to the speaker of the house of representatives and the senate president regarding the policies adopted by the commission pursuant to RSA 195-J:3.
I. (a) The treasurer shall, as needed, issue requests for proposals to evaluate and determine proposals which are best suited to the reporting and recordkeeping needs of the children's savings account program and fund.
(b) The commission shall consider and, if appropriate, give preference to proposals which best demonstrate experience in administering financial programs requiring individual account maintenance and reporting.
(c) The final selection of the proposal shall be made by the commission.
II. The state treasurer shall make quarterly reports regarding the status of the children's savings account program and children's savings account fund to the commission.
(a) At least annually, the commission shall issue or cause to be issued to each participant, a statement which shall include the participant's beginning balance, contributions, and earnings credited to their account during the previous fiscal year.
(b) At least annually, the commission shall make or cause to be made an annual report regarding the status of the children's savings account program to each participant in the program, to the speaker of the house of representatives, the senate president, and the state library.
(c) Prior to the implementation of the pilot programs in Coos county and in the city of Manchester, the commission shall submit a report to the speaker of the house of representatives and the senate president regarding the policies adopted by the commission pursuant to RSA 195-J:3.
Source. 2015, 271:2, eff. July 1, 2015.
Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
