HB 1500 - AS INTRODUCED
2016 SESSION
\t16-2623
\t10/01
HOUSE BILL\t1500
AN ACT\trelative to default budgets for the purpose of setting tax rates.
SPONSORS:\tRep. Ammon, Hills. 40; Rep. Baldasaro, Rock. 5; Rep. Spillane, Rock. 2; Rep. Aldrich, Belk. 2; Rep. Cheney, Straf. 17; Rep. Souza, Hills. 43; Rep. Fromuth, Hills. 7; Rep. Potucek, Rock. 6
COMMITTEE:\tMunicipal and County Government
-----------------------------------------------------------------
ANALYSIS
\tThis bill requires a town, school district, or village district adopting a default budget to submit the default budget form with its budget report to the department of revenue administration which shall be reviewed by the department for compliance prior to setting tax rates.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.
\t16-2623
\t10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT\trelative to default budgets for the purpose of setting tax rates.
Be it Enacted by the Senate and House of Representatives in General Court convened:
\t1 New Subparagraph; Reports; Department of Revenue Administration. Amend RSA 21-J:34, VI by inserting after subparagraph (c) the following new subparagraph:
\t\t\t(d) For an official ballot town, school district, or village district under RSA 40:13 which adopted the default budget, the governing body shall include the default budget form and associated calculations as required under RSA 40:13, X.
\t2 New Subparagraph; Setting of Tax Rates; Compliance with Default Budget. Amend RSA 21-J:35, II by inserting after subparagraph (d) the following new subparagraph:
\t\t\t(e) Appropriations, reductions, and increases to a default budget comply with requirements in RSA 40:13, X.
\t3 Effective Date. This act shall take effect 60 days after its passage.