HB 1221 - AS INTRODUCED
2016 SESSION
\t16-2110
\t03/06
HOUSE BILL\t1221
AN ACT\trelative to excluding certain one-time expenditures from the default budget in official ballot municipalities.
SPONSORS:\tRep. Fromuth, Hills. 7; Rep. Ammon, Hills. 40; Rep. Peterson, Hills. 7; Rep. Sanborn, Hills. 41; Rep. Murphy, Hills. 7; Rep. Gould, Hills. 7; Rep. Bickford, Straf. 3; Rep. Weyler, Rock. 13; Rep. DeLemus, Straf. 11; Rep. McKinney, Rock. 5; Sen. Sanborn, Dist 9
COMMITTEE:\tMunicipal and County Government
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ANALYSIS
\tThis bill modifies the definition of one-time expenditures for purposes of determining default budgets in official ballot towns.
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Explanation:\tMatter added to current law appears in bold italics.
\t\tMatter removed from current law appears [in brackets and struckthrough.]
\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.
\t16-2110
\t03/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT\trelative 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:
\t1 Use of Official Ballot; Default Budget. Amend RSA 40:13, IX(b) to read as follows:
\t\t\t(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.
\t2 Effective Date. This act shall take effect 60 days after its passage.