This bill aims to prevent town managers, administrators, and school superintendents from receiving compensation under multiple municipal contracts simultaneously. It introduces a new section to RSA 41, specifically stating that no town manager or administrator shall be compensated under more than one contract at a time, and if they accept a new contract with a different town while under an existing contract, the primary contract will be voided. Additionally, the bill mandates that these officials must notify town officials of any new employment acceptance, with failure to do so resulting in felony charges. A similar provision is established for school superintendents under a new section in RSA 189.

The bill includes the insertion of new legal language that prohibits dual compensation for town managers, administrators, and school superintendents, while also introducing criminal penalties for non-compliance. Specifically, it inserts sections 41:2-bb and 189:33-a into the respective statutes, detailing the responsibilities and consequences for these municipal employees. The effective date of the act is set for 60 days after its passage. The fiscal impact of the bill is indeterminable, as it may affect expenditures related to the judicial and correctional systems due to the introduction of felony charges for violations.