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HB1221: relative to excluding certain one-time expenditures from the default budget in official ballot municipalities.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Local government Elections and voting Public finance

Official links

HB 1221 - AS INTRODUCED

2016 SESSION

16-2110

03/06

HOUSE BILL 1221

AN ACT relative to excluding certain one-time expenditures from the default budget in official ballot municipalities.


ANALYSIS

This bill modifies the definition of one-time expenditures for purposes of determining default budgets in official ballot towns.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

16-2110

03/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Sixteen

AN ACT relative to excluding certain one-time expenditures from the default budget in official ballot municipalities.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Use of Official Ballot; Default Budget. Amend RSA 40:13, IX(b) to read as follows:

(b) "Default budget'' as used in this subdivision means the amount of the same appropriations as contained in the operating budget authorized for the previous year, reduced and increased, as the case may be, by debt service, contracts, and other obligations previously incurred or mandated by law, and reduced by one-time expenditures contained in the operating budget. For the purposes of this paragraph, one-time expenditures shall [be appropriations not likely to recur in the succeeding budget, as determined by the governing body, unless the provisions of RSA 40:14-b are adopted, of the local political subdivision] include, but not be limited to, all items in the preceeding budget which would normally be expected to have a useful life of at least 3 years.

2 Effective Date. This act shall take effect 60 days after its passage.