setting a minimum affirmative vote for new or expanded spending for SB 2 towns.

HB 1418 requires that in towns and school districts using the official ballot referendum system (SB 2 towns), any new or expanded spending proposal - such as a town operating budget or school district appropriation - must meet two conditions to pass: at least 15% of registered voters must cast ballots on the proposal, and a majority of those voting must approve it. This applies specifically to municipalities that have adopted the official ballot meeting format under RSA 40:13. The bill does not change spending amounts but sets a minimum voter participation and approval threshold for budget decisions. It takes effect 60 days after enactment.