HB242 (2009) Detail

Relative to taxpayer inventory blanks.


HB 242 – AS INTRODUCED

2009 SESSION

09-0064

10/01

HOUSE BILL 242

AN ACT relative to taxpayer inventory blanks.

SPONSORS: Rep. Friedrich, Graf 6; Rep. DiFruscia, Rock 4

COMMITTEE: Local and Regulated Revenues

ANALYSIS

This bill clarifies that taxpayer inventory blanks may be timely received on the next business day if the due date falls on a Saturday, Sunday, or legal holiday. The bill also repeals the requirement for census information to be collected on taxpayer inventory blanks.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-0064

10/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to taxpayer inventory blanks.

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

1 Property Taxation; Inventory Blanks. Amend RSA 74:7 to read as follows:

74:7 Return of Inventory. Every person and every corporation by its president or other person with authority to do so having knowledge of its property and affairs, shall fill out the blank inventory in all respects according to its requirements and sign and make the required declaration thereto, and cause the same to be mailed, postage prepaid, or delivered to the selectmen or assessors on or before April 15, or the next business day as provided in RSA 21:35, II.

2 Penalty for Failure to File. Amend RSA 74:7-a, I to read as follows:

I. Any person who fails to file a fully completed inventory form on or before April 15, or the next business day as provided in RSA 21:35, II, unless granted an extension under RSA 74:8, shall pay a penalty of one percent of the property tax for which the person is liable. In no case, however, shall the penalty be less than $10 or more than $50. Any person who fails to file an inventory form and who becomes liable to pay the penalty specified in this section shall lose the right to appeal the denial of an abatement of an appraisal under RSA 75:1, but shall not lose the right to apply for, or appeal the denial of, any other type of tax relief including an appeal under RSA 72:34-a, an appraisal under RSA 75:11, or a land use change tax under RSA 79-A:7. This penalty has all the force of taxation and shall be treated as incident to the tax.

3 Repeal. RSA 74:4, III(c), relative to requiring census information of taxpayer inventory blanks, is repealed.

4 Effective Date. This act shall take effect April 1, 2009.