This bill proposes the repeal of the existing statutory cap on residential parking requirements, thereby granting municipalities the authority to determine the number of parking spaces required per dwelling unit without limitation. Specifically, it repeals and reenacts RSA 674:16, VII, which previously imposed restrictions on local legislative bodies regarding the regulation of accessory parking for vehicles. The new legal language allows local governments to exercise greater flexibility in managing parking needs based on their unique circumstances.

The bill's effective date is set for 60 days after its passage, allowing municipalities to implement the new regulations promptly. By removing the cap, the legislation aims to empower local authorities to better address parking demands in their communities, potentially leading to more tailored and effective parking solutions.