HB 1187 (2024)
Prohibit lease agreements that cover building or facility fixtures
Summary:
Changes the voting threshold for local legislative bodies' approval of equipment leases over $100,000 from a simple majority to a 2/3 or 3/5 supermajority. This bill also requires a ballot vote.
The House rewrote the bill. The new bill prohibits the inclusion of costs associated with building or facility improvements that become fixtures in lease agreements of equipment.
Status:
Public Hearing Date:
02/13/2024 11:00 am
Public Hearing Location:
LOB Room 301-303
House Voting Date:
03/28/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1163&inflect=2
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