New Hampshire HB1383 modifies the method for overriding local tax caps, requiring a 3/5 majority vote to approve appropriations exceeding the tax cap.
New Hampshire HB1383 amends the Municipal Budget Law to change how local tax caps can be overridden. It specifies that a 3/5 majority or the supermajority as determined under a charter must vote "yes" for an appropriation to be approved if it exceeds the tax cap. The bill also clarifies that the new procedure applies to existing tax caps without requiring local amendment or re-adoption. This change takes effect 60 days after the bill's passage.
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