SB186 (2007) Detail

(New Title) establishing a committee to study a state elderly homeowner property tax credit.


SB 186-FN – AS AMENDED BY THE SENATE

03/22/07 0456s

2007 SESSION

07-1144

10/03

SENATE BILL 186-FN

AN ACT establishing a committee to study a state elderly homeowner property tax credit.

SPONSORS: Sen. Gatsas, Dist 16; Sen. Clegg, Dist 14; Sen. Barnes, Dist 17; Sen. Roberge, Dist 9; Sen. Downing, Dist 22; Sen. Bragdon, Dist 11; Sen. Gallus, Dist 1; Sen. Kenney, Dist 3; Sen. Letourneau, Dist 19; Rep. Marshall Quandt, Rock 13

COMMITTEE: Public and Municipal Affairs

AMENDED ANALYSIS

This bill establishes a committee to study a state elderly homeowner property tax credit.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/22/07 0456s

07-1144

10/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT establishing a committee to study a state elderly homeowner property tax credit.

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

1 Committee Established. There is established a committee to study a state elderly homeowner property tax credit.

2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Two members of the senate, appointed by the president of the senate.

(b) Three members of the house of representatives, appointed by the speaker of the house of representatives.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3 Duties. The committee shall study a state elderly homeowner property tax credit.

4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Three members of the committee shall constitute a quorum.

5 Report. The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2007.

6 Effective Date. This act shall take effect upon its passage.

LBAO

07-1144

Amended 03/26/07

SB 186 FISCAL NOTE

AN ACT establishing a committee to study a state elderly homeowner property tax credit.

FISCAL IMPACT:

The Office of Legislative Budget Assistant has determined that this bill, as amended by the Senate (Amendment #2007-0456s), will have no fiscal impact on state, county and local revenue or expenditures.

METHODOLOGY:

This bill will have no fiscal impact since it establishes a committee to study a state elderly homeowner property tax credit.