Bill Text - SB131 (2011)

Repealing the exemption for water and air pollution control facilities from local property taxation.


Revision: Feb. 11, 2011, midnight

SB 131-FN – AS INTRODUCED

2011 SESSION

11-0761

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

COMMITTEE: Ways and Means

ANALYSIS

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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 The following are repealed: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

02/10/11

SB 131-FN - FISCAL NOTE

AN ACT repealing the exemption for water and air pollution control facilities from local property taxation.

FISCAL IMPACT:

    The Office of Legislative Budget Assistant is unable to complete a fiscal note for this bill as it is awaiting information from the Department of Revenue Administration. When completed, the fiscal note will be forwarded to the Senate Clerk's Office.