Bill Text: NH HB1159 | 2012 | Regular Session | Introduced

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Bill Title: Defining a default budget for a municipality.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2012-03-07 - House Inexpedient to Legislate: Motion Adopted Voice Vote; House Journal 21, PG.1316 [HB1159 Detail]

Download: New_Hampshire-2012-HB1159-Introduced.html

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HB 1159 – AS INTRODUCED

2012 SESSION

12-2688

06/05

HOUSE BILL 1159

AN ACT defining a default budget for a municipality.

SPONSORS: Rep. Pettengill, Carr 1

COMMITTEE: Municipal and County Government

ANALYSIS

This bill modifies the definition of default budget in official ballot towns.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

12-2688

06/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twelve

AN ACT defining a default budget for a municipality.

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

1 Official Ballot; Definition; Default Budget. RSA 40:13, IX(b) is repealed and reenacted to read as follows:

(b) “Default budget” as used in this subdivision means the budget authorized for the previous year increased by any new debt service approved by the voters.

2 Default Budget. RSA 40:13, XI(a)(1) through (3) is repealed and reenacted to read as follows:

(1) The budget authorized for the previous year; and

(2) Increases in the previous year’s budget by any new debt service.

3 Effective Date. This act shall take effect 60 days after its passage.