This bill mandates that cities and towns provide public notice regarding historical tax rates and proposed building projects. Specifically, 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 illustrate tax rates over the past ten years, detailing year-over-year changes for various tax categories, including county, local education, state education, town, and precinct taxes.
Additionally, the bill stipulates that cities and towns must summarize all proposed taxpayer-funded building projects on their official platforms. This summary should include the average tax impact on residents for each project, clearly stating the estimated tax increase if the project is approved. The language for these tax impact statements is specified in the bill, ensuring consistency in communication. The act will take effect 60 days after its passage.