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 can 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, which applies to school superintendents, outlining the same restrictions and penalties as those for town managers and administrators. The bill emphasizes accountability by requiring these officials to inform relevant authorities of new contracts and imposes criminal penalties for non-compliance. 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.