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Bill > SB585


NH SB585

NH SB585
Relative to audits for communications districts.


summary

Introduced
11/25/2025
In Committee
02/26/2026
Crossed Over
02/26/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This bill provides an exception to the requirement that communications districts hire an outside accountant to conduct an audit.

AI Summary

This bill allows communications districts, which are organizations that manage communication services, to be exempt from the requirement of hiring an outside accountant for a financial audit under certain conditions. Specifically, the Department of Revenue Administration (DRA) would waive this requirement if the district's governing board petitions for it and can show that either their annual revenue in the previous year was less than $50,000, or their revenue was less than $2 million and the district's agreement states it's not a tax authority and can only receive funds from member municipalities through voluntary contributions or contracts. This change aims to reduce audit costs for smaller or specially structured communications districts.

Committee Categories

Government Affairs

Sponsors (8)

Last Action

Introduced (in recess of) 02/19/2026 and referred to Municipal and County Government House Journal 5 (on 02/26/2026)

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