Bill > HB138

This bill amends the existing law to require additional tax impact notation for special warrant articles with multi-year financial implications in towns that have already voted to include tax impact information on their annual budgets and special warrant articles. Specifically, the bill mandates that any special warrant articles with multi-year tax impacts or lease agreements must now include a notation showing the estimated tax impact for each of the first 5 years (or for the total duration if less than 5 years). This means that when towns are considering special warrant articles that will have ongoing financial consequences, voters will now receive more comprehensive information about how these articles will affect their local taxes over time. The new requirement will automatically apply to towns that have previously adopted tax impact notation rules, without requiring them to take additional local action. The bill will take effect 60 days after its passage, giving municipalities time to prepare for the new reporting requirement.

Government Affairs

https://gc.nh.gov/bill_status/legacy/bs2016/bill_docket.aspx?lsr=0278&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB138