HB 1583 – AS INTRODUCED
2010 SESSION
10/09
HOUSE BILL 1583
AN ACT relative to the property tax exemption for organizations with charitable activities.
SPONSORS: Rep. Daniels, Hills 6
COMMITTEE: Local and Regulated Revenues
This bill clarifies the definition of charitable for purposes of the exemption from property taxation for organizations with charitable activities.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
10-2263
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Ten
AN ACT relative to the property tax exemption for organizations with charitable activities.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Property Taxation; Charitable Exemption. Amend RSA 72:23-l to read as follows:
72:23-l Definition of “Charitable.” The term “charitable” as used to describe a corporation, society or other organization within the scope of this chapter, including RSA 72:23 and 72:23-k, shall mean a corporation, society or organization established and administered for the purpose of performing, and obligated, by its charter or otherwise, to perform some service of public good or welfare advancing the spiritual, physical, intellectual, social or economic well-being of the general public or a substantial and indefinite segment of the general public that includes residents of the state of New Hampshire, with no pecuniary profit or benefit to its officers or members, or any restrictions which confine its benefits or services to such officers or members, or those of any related organization. The determination of “charitable” purposes shall not include consideration of bad debt, receivables, or net revenue. The fact that an organization's activities are not conducted for profit shall not in itself be sufficient to render the organization “charitable” for purposes of this chapter, nor shall the organization's treatment under the United States Internal Revenue Code of 1986, as amended. This section is not intended to abrogate the meaning of “charitable” under the common law of New Hampshire.
2 Effective Date. This act shall take effect 60 days after its passage.