Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Notwithstanding the provisions of any general or special law to the contrary, in the event the town of Truro prepares an annual budget which is divided into department expenses and expense categories and which is further divided into line item accounts, said town is hereby authorized, without further town meeting approval, to transfer funds among said line item accounts, provided, the following conditions are met:
(a) the transfers remain within the same department or budget category;
(b) the transfers are approved in advance by the town administrator, the finance committee and the budget manager for each department or expense category;
(c) the transfer does not exceed $2,500 for any single line item transfer; and
(d) no capital purchases or new employees shall be so funded.
SECTION 2. This act shall take effect as of January 1, 1997.