HB 446 – AS INTRODUCED
2013 SESSION
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
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.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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.