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, 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 offers and establishes that failure to report such acceptance will result in felony charges.

Similarly, a new section is added to RSA 189 for school superintendents, imposing the same restrictions and penalties. The bill includes provisions for criminal penalties for those who violate these rules, thereby enhancing accountability among municipal employees. The act will take effect 60 days after its passage, and while it is expected to have indeterminable fiscal impacts on state and local expenditures, it does not project any revenue changes.