This bill, HB 1319, introduces new provisions for the establishment and operation of Local Fiscal Accountability Committees (FACTS) within towns, village districts, and school districts, aimed at improving fiscal oversight and efficiency in local government spending. The new legal language added to RSA 41 allows these committees to be formed through a majority vote at annual meetings, with specific guidelines on how the question should be presented to voters. The bill outlines eligibility criteria for adopting the committee, which can include various forms of government and voting processes, and specifies that the FACTS will consist of 3 to 7 members serving staggered three-year terms, while prohibiting certain local officials from serving to ensure independence.

Additionally, the bill allows for the dissolution of the committee through a similar voting process, with adjusted wording for the question. It mandates that the election of FACTS members align with the new section added to RSA 671, and includes provisions for the removal of individuals who violate established rules, allowing for expedited court proceedings. The FACTS will have responsibilities such as preparing budget proposals, conferring with local officials, and participating in public hearings, while also enabling voters to propose budget amendments based on the committee's recommendations. The effective date of the act is set for 60 days following its passage, with the overall goal of enhancing fiscal accountability and transparency in local school district budgeting processes.

Statutes affected:
Introduced: 669:16
HB1319 text: 669:16