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1 Budget Preparation. Amend RSA 32:5, V-b to read as follows:
V-b. Any town may vote to require that the annual budget and all special warrant articles having a tax impact, as determined by the governing body, shall contain a notation stating the estimated tax impact of the article. The determination of the estimated tax impact shall be subject to approval by the governing body.
2 Applicability. RSA 32:5, V-b, as amended by section 1 of this act, shall apply in any town or district that has adopted the requirement to include a notation stating the estimated tax impact of the annual budget and special warrant articles, and shall not require local amendment or re-adoption by the town or district.
3 Effective Date. This act shall take effect 60 days after its passage.
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1 Budget Preparation. Amend RSA 32:5, V-b to read as follows:
V-b. Any town may vote to require that the annual budget and all special warrant articles having a tax impact, as determined by the governing body, shall contain a notation stating the estimated tax impact of the article. The determination of the estimated tax impact shall be subject to approval by the governing body. Any special warrant articles voted on pursuant to this paragraph with multi-year tax impacts, or containing lease agreements with or without non-appropriation clauses, shall contain a notation stating the estimated tax impact each year for the first 5 years, or each year if the tax impact is less than 5 years.
2 Applicability. RSA 32:5, V-b, as amended by section 1 of this act, shall apply in any town or district that has adopted the requirement to include a notation stating the estimated tax impact of the annual budget and special warrant articles, and shall not require local amendment or re-adoption by the town or district.
3 Effective Date. This act shall take effect 60 days after its passage.