HB198 (2007) Detail

(New Title) relative to collection of taxes on land with a discretionary easement or subject to community \nrevitalization tax relief penalty assessments and relative to the calculation of penalties applied to tax-deeded properties.


CHAPTER 42

HB 198-FN – FINAL VERSION

04/18/07 1211s

2007 SESSION

07-0054

10/01

HOUSE BILL 198-FN

AN ACT relative to collection of taxes on land with a discretionary easement or subject to community revitalization tax relief penalty assessments and relative to the calculation of penalties applied to tax-deeded properties.

SPONSORS: Rep. Walz, Merr 13

COMMITTEE: Municipal and County Government

AMENDED ANALYSIS

This bill clarifies the tax collection procedure for land with a discretionary easement or which is subject to community revitalization tax relief penalty assessments. The bill also clarifies the adjustment of the penalty applied to proceeds from tax-deeded property.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04/18/07 1211s

07-0054

10/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT relative to collection of taxes on land with a discretionary easement or subject to community revitalization tax relief penalty assessments and relative to the calculation of penalties applied to tax-deeded properties.

Be it Enacted by the Senate and House of Representatives in General Court convened:

42:1 Discretionary Easements; Enforcement. Amend RSA 79-C:13 to read as follows:

79-C:13 Enforcement. All taxes levied pursuant to RSA 79-C:8 which are not paid when due shall be collected in the same manner as provided in RSA [80:1-80:42-a] 80.

42:2 Real Estate Tax Liens; Penalty Adjustment. Amend RSA 80:90, I(f) to read as follows:

(f) An additional penalty equal in amount to 15 percent of the assessed value of the property as of the date of the tax deed, adjusted by the [most recently available] equalization ratio for the year of the assessment.

42:3 Community Revitalization Tax Relief Incentive; Enforcement. Amend RSA 79-E:11 to read as follows:

79-E:11 Enforcement. All taxes levied pursuant to RSA 79-E:9 which are not paid when due shall be collected in the same manner as provided in RSA [80:1-80:42-a] 80.

42:4 Effective Date. This act shall take effect 60 days after its passage.

Approved: May 21, 2007

Effective: July 20, 2007