NH CACR18

Proposes amending the New Hampshire Constitution to cap state spending increases at the four-year moving average inflation rate (maximum 2.5%) plus annual population change

Applies the same spending cap formula to all local taxing districts and political subdivisions

Requires excess revenues above the annual limit (up to 10%) to be deposited in an interest-bearing rainy day fund, with amounts exceeding the cap refunded to taxpayers or used to repay debts with voter approval

Prohibits new or increased taxes, spending growth exceeding inflation plus population change, or new treasury debt without direct voter approval

Creates a citizen enforcement mechanism allowing jury trials within 12 months for alleged violations, with successful plaintiffs entitled to attorney's fees, court costs, and awards up to 20 times those fees and costs