This bill allows the Derry town council to incorporate the Derry Cooperative School District as a department of the town through a charter amendment. Specifically, it amends RSA 49-B by adding a new subdivision, which grants the town council the authority to control the form and procedures for the preparation and adoption of the school department budget. This change aims to streamline governance and enhance the town council's oversight of the school district's financial operations.

The new legal language introduced in the bill is found in the newly created section 49-B:16, which outlines the process for the charter amendment. There are no deletions from current law mentioned in the text provided. The act is set to take effect immediately upon its passage, allowing for prompt implementation of the new governance structure.