This bill amends the existing law regarding impact fees, specifically expanding the authorized uses of these fees. The introductory paragraph of RSA 674:21, V is revised to include the purchase of additional safety equipment for public safety, which encompasses police, fire, and other emergency vehicles and equipment. The previous language that limited the authorized uses of impact fees has been modified to remove the phrase "and" before public recreational facilities, and the new language specifies that the purchase of safety equipment must be approved by the governing body.

In summary, the bill allows municipalities to utilize impact fees not only for traditional capital facilities but also for enhancing their public safety capabilities through the acquisition of necessary equipment. This change aims to ensure that as development occurs, communities can better equip their emergency services to meet the needs of their growing populations. The bill will take effect 60 days after its passage.