SB 131-FN – AS INTRODUCED
2011 SESSION
10/09
SENATE BILL 131-FN
AN ACT repealing the exemption for water and air pollution control facilities from local property taxation.
SPONSORS: Sen. Gallus, Dist 1; Rep. Kurk, Hills 7; Rep. Taylor, Graf 2
This bill repeals the exemption from property taxes for the appraised value of water and air pollution control facilities as determined by the department of environmental services.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
11-0761
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eleven
AN ACT repealing the exemption for water and air pollution control facilities from local property taxation.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Repeal. The following are repealed:
I. RSA 72:12-a, relative to the property tax exemption for water and air pollution control facilities.
II. RSA 72:12-b, relative to facilities exempted under prior law.
III. RSA 83-F:1, V(a), relative to the exclusion of exempt property from classification as utility property.
2 Effective Date. This act shall take effect April 1, 2011.
LBAO
11-0761
Revised 02/16/11
SB 131 FISCAL NOTE
AN ACT repealing the exemption for water and air pollution control facilities from local property taxation.
FISCAL IMPACT:
The Department of Revenue Administration states this bill will increase state education trust fund revenue by $2,000,000 in FY 2012 and each year thereafter. This bill will have no fiscal impact on state, county, and local expenditures, or county and local revenue.
METHODOLOGY:
The Department of Revenue Administration states this bill repeals the exemption from property taxes for the appraised value of water and air pollution control facilities as determined by the Department of Environmental Services. The Department states total state revenue collected in the utility property tax was reduced by $1,942,530 in exempt pollution control property. The Department assumes the amount of lost revenue would continue to be approximately $2,000,000 per year if the exemption remained in place.
The New Hampshire Municipal Association states this bill will shift the local property tax burden amongst local property taxpayers, but does not impact the total amount collected in local property taxes.