This bill mandates that cities and towns provide public notice regarding historical tax rates and the tax impacts of proposed building projects. It introduces a new section, RSA 31:103-c, which requires municipalities to post a taxation graph on their official websites and social media pages. This graph must depict tax rates over the past ten years, including county, local education, state education, town, and precinct taxes. Additionally, cities and towns are required to summarize all proposed taxpayer-funded building projects on their official platforms, detailing the average tax impact for residents associated with each project.

The bill specifies that tax impact statements must be clearly articulated, indicating the estimated tax impact per one thousand dollars of equalized valuation for each proposed project. The effective date for this legislation is set for 60 days after its passage. Overall, the bill aims to enhance transparency and public awareness regarding tax rates and the financial implications of new municipal projects.