House Bill 1435 amends Chapter 167 of the Private Acts of 1994, specifically updating the election process for the Town of Oakland's Board of Mayor and Aldermen. The bill establishes that non-partisan elections will occur on the first Tuesday after the first Monday in November of every even-numbered year, with terms beginning on the first business day of the following month after election results are certified. It designates the existing five aldermanic positions as positions one through five, requiring candidates to identify the position they seek. The bill also introduces staggered elections, with three aldermen elected in 2026 and the Mayor and two additional aldermen in 2028, continuing this pattern thereafter. Additionally, if the Town's population reaches 18,000 or more, the Board may increase the number of aldermen to six.

The bill further modifies the compensation structure for the Mayor and Aldermen, stating that their salaries cannot be changed during their term and that newly elected officials will begin receiving compensation the month following their election. It ensures that no incumbent will be removed from office or have their term abridged, and it requires a two-thirds vote from the Town's legislative body for the bill to take effect. The act will be effective upon becoming law for the purpose of approval, while other provisions will take effect once approved as outlined.