HB 176 – AS INTRODUCED
2005 SESSION
10/01
HOUSE BILL 176
AN ACT relative to the provision of rental and lease information of commercial and industrial property to assessing officials.
SPONSORS: Rep. Zolla, Rock 5; Rep. Introne, Rock 3
COMMITTEE: Municipal and County Government
This bill requires owners of commercial and industrial property, when applying for an abatement of property taxes, to provide upon request rental, lease, and expense information. Persons failing to comply lose the right to appeal.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0394
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT relative to the provision of rental and lease information of commercial and industrial property to assessing officials.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Inventory of Property; Information for Commercial and Industrial Property. Amend RSA 74 by inserting after section 17 the following new section:
74:17-a Information for Commercial and Industrial Property. An owner of commercial or industrial property, or residential property in excess of 4 living units, when applying for an abatement of taxes under RSA 76:16, RSA 76:16-a, or RSA 76:17, shall provide upon the request of the assessing officials, the board of tax and land appeals, or the court, the rental, lease, and expense information necessary for completing or evaluating the inventory of the property in question. If the owner of the property fails to provide such information when requested, the owner shall lose the right to appeal any matter pertaining to the property tax for which the owner is liable and the right to appeal any exemptions for which such person may be entitled but has not yet received.
2 Effective Date. This act shall take effect April 1, 2005.