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RSA 33:6-c · Exclusion from Debt Limit

33:6-c Exclusion from Debt Limit. – Any municipality which has voted to acquire land from a United States military base may incur debt by the issuance of bonds or notes beyond the limit of indebtedness as set forth in RSA 33:4-a, provided that the purpose of the acquisition is to further the economic development of the municipality. Such debt shall at no time be included in the net indebtedness of the municipality for the purpose of ascertaining its borrowing capacity. Source. 1992, 260:10, eff. July 14, 1992.

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Source note

Source. 1992, 260:10, eff. July 14, 1992.

Source history

  • 1992, 260:10, eff. July 14, 1992

Related materials

Bill relationships

  • 2026 HB1066 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

  • 2026 HB1066-FN 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

  • 2026 HB1427 amend · effective 2027-01-01

    e use of bonds to only true emergencies and extraordinary circumstances, and not as a substitute for fiscal discipline. 3 New Section; Limitations on Bonding Authority. Amend RSA 33 by inserting after section 3-g the following new section: 33:3-h Limitations on Bonding Authority. I. For the purposes of this section: (a) “Declared emergency” shall include, but not be limited to, emergenc

  • 2026 HB1427-FN amend · effective 2027-01-01

    e use of bonds to only true emergencies and extraordinary circumstances, and not as a substitute for fiscal discipline. 3 New Section; Limitations on Bonding Authority. Amend RSA 33 by inserting after section 3-g the following new section: 33:3-h Limitations on Bonding Authority. I. For the purposes of this section: (a) “Declared emergency” shall include, but not be limited to, emergenc

  • 2026 HB1495 related

    be recognized as revenue. Note proceeds shall only be used for the same purpose as the anticipated funds. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 2 Effective Date. This act shall take effect upon its passage. HELPFUL LINKS Redistricting Information Ethics Committee Statutory/Study Committees Voting Records Past Member Legislatio

  • 2026 HB1835 amend

    department of revenue administration stating the specific amount of borrowing to be recognized as revenue. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 3 Setting of Tax Rates; Distribution. Amend RSA 21-J:35, VII(d) to read as follows: (d) Department of education: federal forest land aid pursuant to RSA 227-H:20 through RSA 227-H:22,

  • 2026 HB1835-FN amend

    department of revenue administration stating the specific amount of borrowing to be recognized as revenue. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits. 3 Setting of Tax Rates; Distribution. Amend RSA 21-J:35, VII(d) to read as follows: (d) Department of education: federal forest land aid pursuant to RSA 227-H:20 through RSA 227-H:22,

  • 2026 SB493 add

    of a cyanobacteria mitigation and water quality protection contingency and reserve fund adopted by a village district, the agreement may establish a common bonding authority under RSA 33. The village district may apply for funds available under RSA 487:15 through 25, RSA 485-A:58 through 61, and any other state or federal sources. 4 Definitions; Cyanobacteria Mitigation and Water Quality Protection