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.
Bill Became Law?:
No
Status:
Status Detail:
Vetoed by Governor
Public Hearing Date:
05/07/2024 09:50 am
Public Hearing Location:
SH Room 100
House Voting Date:
03/28/2024
Senate Voting Date:
05/23/2024
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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