HB446 (2013) Detail

Relative to the amount of the optional property tax credit for service-connected total disability.


HB 446 – AS INTRODUCED

2013 SESSION

13-0667

10/01

HOUSE BILL 446

AN ACT relative to the amount of the optional property tax credit for service-connected total disability.

SPONSORS: Rep. Schroadter, Rock 17

COMMITTEE: Municipal and County Government

ANALYSIS

This bill allows towns and cities to changes the amount of the optional property tax credit for service-connected total disability from a maximum of $2000 to an amount which is one-half of the total annual property tax bill.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

13-0667

10/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT relative to the amount of the optional property tax credit for service-connected total disability.

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

1 Property Taxation; Tax Credit for Service-Connected Total Disability; Optional Amount Amend RSA 72:35, I-a to read as follows:

I-a. The optional tax credit for service-connected total disability, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $701 up to either $2,000 or one-half of the total annual property tax bill on each person’s residential property. The optional tax credit for service-connected total disability shall replace the standard tax credit in its entirety and shall not be in addition thereto.

2 Effective Date. This act shall take effect April 1, 2013.

Links

HB446 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB446 Revision: 24535 Date: Jan. 22, 2013, midnight

Docket