Bill Text - HB1436 (2006)

Authorizing municipal and county biennial budgets for a 24-month period.


Revision: Jan. 21, 2010, midnight

CHAPTER 148

HB 1436-LOCAL – FINAL VERSION

15Feb2006… 0778h

2006 SESSION

06-2929

06/04

HOUSE BILL 1436-LOCAL

AN ACT authorizing municipal and county biennial budgets for a 24-month period.

SPONSORS: Rep. Biundo, Hills 15; Rep. Infantine, Hills 13; Rep. Reeves, Hills 8; Rep. Hebert, Hills 17

COMMITTEE: Municipal and County Government

AMENDED ANALYSIS

This bill authorizes municipal and county biennial budgets for one distinct 24-month fiscal year or 2 distinct 12-month fiscal years.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15Feb2006… 0778h

06-2929

06/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Six

AN ACT authorizing municipal and county biennial budgets for a 24-month period.

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

148:1 Biennial Budget; Single Period. Amend RSA 32:25 to read as follows:

32:25 Biennial Budget; Authorization. Any city, town, unincorporated town, unorganized place, school district, village district, or county may budget receipts and expenditures, raise and appropriate revenues, and assess taxes on a biennial budget basis consisting of one distinct 24-month fiscal year or 2 distinct 12-month fiscal years. The governing body may allow for the carry over of funds from the first fiscal year of the biennium to the second.

148:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: May 22, 2006

Effective: July 21, 2006