Allows municipalities to adopt a simple-majority tax cap override procedure with a grace period until July 1, 2028.

The bill amends the Municipal Budget Law to allow municipalities, cities, and towns to adopt a simple-majority tax cap override procedure. It provides a grace period until July 1, 2028, for municipalities that adopted the provisions of RSA 32:5-b before September 13, 2025, to re-adopt these provisions. The vote to re-adopt must follow the procedures outlined in RSA 39:3, RSA 31:131, and the usual procedures for annual meetings and deliberative sessions of the legislative body.

Allows municipalities to adopt a simple-majority tax cap override procedure with a grace period until July 1, 2028.

The bill amends the Municipal Budget Law to allow municipalities, cities, and towns to adopt a simple-majority tax cap override procedure. It provides a grace period until July 1, 2028, for municipalities that adopted the provisions of RSA 32:5-b before September 13, 2025, to re-adopt these provisions. The vote to re-adopt must follow the procedures outlined in RSA 39:3, RSA 31:131, and the usual procedures for annual meetings and deliberative sessions of the legislative body.