Bill
HB 5962
AN ACT RELATING TO TOWNS AND CITIES -- INDEBTEDNESS OF TOWNS AND CITIES
2025 Regular Session
Introduced by Mike Chippendale and 8 co-sponsors
Requires prior state approval for long-term bond sales to cover deficits or pension/OPEB; mandates annual OPEB funding reports and plans to reach 35% funding.
03/27/2025 Committee recommended measure be held for further study