HB1066: relative to warrant articles authorizing lease agreements.

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RSA references from bill data

• 21:35 · amend

  e with RSA 33:8-a, I, and public hearings on leases in excess of $500,000 shall be held in accordance to the procedure in RSA 33:7-f, II. Days shall be counted in accordance with RSA 21:35. 4 New Paragraph; Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Lapse of Appropriations. Amend RSA 32:7 by inserting after paragraph III the following new paragraph: III-a. The a

• 21-I:19-D · reference

  rsuant to RSA 33:7-f, shall not lapse until the fulfillment of the purpose or completion of the project being financed by the lease, except that energy performance contracts under RSA 21-I:19-d shall lapse if the funding authority for municipality fails to appropriate sufficient funds pursuant to RSA 21-I:19-d, II(e); or 5 New Paragraph; Towns, Cities, Village Districts, and Unincorporated Places; Municipal

• 32:3 · amend

  g lease agreements. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Paragraph; Municipal Budget Law; Definition of Lease. Amend RSA 32:3 by inserting after paragraph IV the following new paragraph: IV-a. "Lease" includes a lease agreement, lease-purchase agreement, sale and lease back agreement, installment sale, or other similar agreement to acquire

• 32:5 · amend

  :7-f, or by the issuance of bonds or notes pursuant to RSA 33; or 3 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Budget Preparation. Amend RSA 32:5, I to read as follows: I. The governing body, or the budget committee if there is one, shall hold at least one public hearing on each budget, not later than 25 days before each annual or special meeting, public notice

• 32:7 · amend

  hall be counted in accordance with RSA 21:35. 4 New Paragraph; Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Lapse of Appropriations. Amend RSA 32:7 by inserting after paragraph III the following new paragraph: III-a. The amount to be raised, in whole or in part, through a lease pursuant to RSA 33:7-f, shall not lapse until the fulfillment of the purpose or comple

• 33 · amend

  3, VI(b)to read as follows: (b) Calls for an appropriation of an amount to be raised for a lease under RSA 33:7-e or RSA 33:7-f, or by the issuance of bonds or notes pursuant to RSA 33; or 3 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Budget Preparation. Amend RSA 32:5, I to read as follows: I. The governing body, or the budget committee if there is one, sha

• 33:1 · amend

  te sufficient funds pursuant to RSA 21-I:19-d, II(e); or 5 New Paragraph; Towns, Cities, Village Districts, and Unincorporated Places; Municipal Finance Act; Definitions. Amend RSA 33:1 by inserting after paragraph IV the following new paragraph: V. "Lease" shall have the same meaning as set forth in RSA 32:3, IV-a. 6 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Finance Ac

• 33:2 · amend

  ase" shall have the same meaning as set forth in RSA 32:3, IV-a. 6 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Finance Act; Repayment of Loans. Amend RSA 33:2 to read as follows: 33:2 Repayment of Loans. Municipalities and counties shall not issue any bonds or notes, nor enter into any leases, that are payable on demand. They shall provide for the payment of all loans iss

• 33:4-A · reference

  with nonappropriation clauses may be approved by a simple majority vote of the legislative body. Lease agreements with nonappropriation clauses shall not be treated as debt under RSA 33:4-a. [For the purposes of this section, "lease" shall include lease-purchase, sale and lease back, installment sale, or other similar agreement to acquire use or ownership of such equipment as is from time to time required

• 33:7 · reference

  r enter into any leases, that are payable on demand. They shall provide for the payment of all loans issued under authority of this chapter except notes issued under authority of RSA 33:7, in annual payments which shall be so arranged that the amount of the annual payment of principal and interest in any year on account of any loan shall not be less than the amount of principal and interest payable in an

• 33:7-E · amend

  r other similar agreement to acquire use or ownership of real property, fixtures, equipment, or any combination of these as is from time to time required by the municipality under RSA 33:7-e or RSA 33:7-f, as applicable. 2 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Definitions. Amend RSA 32:3, VI(b)to read as follows: (b) Calls for an appropriation of an amount t

• 33:7-F · amend

  r agreement to acquire use or ownership of real property, fixtures, equipment, or any combination of these as is from time to time required by the municipality under RSA 33:7-e or RSA 33:7-f, as applicable. 2 Towns, Cities, Village Districts, and Unincorporated Places; Municipal Budget Law; Definitions. Amend RSA 32:3, VI(b)to read as follows: (b) Calls for an appropriation of an amount to be raised fo

• 33:8-A · reference

  ate, time, and place of the supplemental session are made known at the original hearing. Public hearings on bonds and notes in excess of $100,000 shall be held in accordance with RSA 33:8-a, I, and public hearings on leases in excess of $500,000 shall be held in accordance to the procedure in RSA 33:7-f, II. Days shall be counted in accordance with RSA 21:35. 4 New Paragraph; Towns, Cities, Village Dist

• 382-A · reference

  installment sale, or other similar agreement to acquire use or ownership of such equipment as is from time to time required by the municipality. For purposes of this section and RSA 382-A, building or facility improvements related to the installation, purpose, or operation of such equipment shall be deemed to constitute equipment and the costs of such improvements may be financed through lease agreements

• 49-D:3 · reference

  ll only be authorized if at least a 3/5 majority of those voting on the warrant article vote "yes." For a municipality that has adopted an optional form of legislative body under RSA 49-D:3, I-a or RSA 49-D:3, II-a, the lease shall be authorized by a “yes” vote of at least 2/3 or 3/5 as adopted and provided for in the charter. If such charter does not specify which majority vote is required, then the requ

RSAs mentioned by this document

• RSA 21 · STATUTORY CONSTRUCTION
• RSA 21-I · DEPARTMENT OF ADMINISTRATIVE SERVICES
• RSA 32 · MUNICIPAL BUDGET LAW
• RSA 33 · MUNICIPAL FINANCE ACT
• RSA 49-D · LOCAL OPTION-TOWN CHARTERS
• RSA 382-A · UNIFORM COMMERCIAL CODE
• RSA 21:35 · Time, How Reckoned; Days Included and Excluded
• RSA 32:3 · Definitions
• RSA 32:5 · Budget Preparation
• RSA 32:7 · Lapse of Appropriations
• RSA 33:1 · Definitions
• RSA 33:2 · Repayment of Loans
• RSA 33:7 · Tax Anticipation Notes
• RSA 49-D:3 · Optional Forms of Legislative Body