New Hampshire § 9-D-2 - Section 9-D:2 Card Rebates.

§ 9-D-2. Section 9-D:2 Card Rebates.

I. Rebates received from contracts for credit card services entered into by the division of procurement and support services under RSA 21-I shall be applied in the following manner: (a) Amounts which are paid to the state as rebates for its purchases shall be deposited in the payment and procurement card fund established in RSA 9-D:3. (b) Amounts which represent the added rebate benefit attributable to the consolidation of calculations under contracts allowing for the independent participation of the legislative or judicial branches, or the independent participation of non-state entities under RSA 21-I:17, I-a(a) shall be paid by the card issuer directly to the branches or non-state entities which independently participated in the purchases. II. Contracts for credit card services entered into by the division of procurement and support services under RSA 21-I shall contain such provisions as are necessary to apply rebates, if any, in the manner specified under paragraph I. Application of rebates in the foregoing manner shall not be required in the case of cards: (a) Intended only for the procurement of fuel; (b) Entered into by the division of procurement and support services which relate to a specific seller of goods or services; (c) Obtained by the division under contracts specifically providing for another method of handling or applying rebates; or (d) Entered into prior to the effective date of this section.