HB 1455-LOCAL – AS INTRODUCED
2014 SESSION
06/10
HOUSE BILL 1455-LOCAL
AN ACT relative to the authority of municipalities to enter into agreements for payments in lieu of taxes.
SPONSORS: Rep. Rappaport, Coos 1; Rep. Theberge, Coos 3; Rep. Rideout, Coos 7; Rep.?Thomas, Coos 3; Rep. Hatch, Coos 6; Rep. H. Richardson, Coos 4; Rep.?M.?Hammon, Coos 5; Rep. Enman, Coos 1
COMMITTEE: Science, Technology and Energy
This bill prohibits municipalities from making agreements with energy facilities for payments in lieu of taxes.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
14-2189
06/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fourteen
AN ACT relative to the authority of municipalities to enter into agreements for payments in lieu of taxes.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Repeal. The following are repealed:
I. RSA 72:73, relative to definition of renewable generation.
II. RSA 72:74, relative to payments in lieu of taxes for renewable generation facilities.
III. RSA 362-A:6-a, relative to payments in lieu of tax agreements for renewable energy facilities.
2 Department of Revenue Administration; Duties of Commissioner. Amend RSA 21-J:3, XIII to read as follows:
XIII. Equalize annually by May 1 the valuation of the property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, 72:37-b, 72:39-a, 72:62, 72:66, and 72:70, and property which is subject to tax relief under RSA 79-E:4[, and property which is the subject of a payment in lieu of taxes under RSA 72:74] by adding to or deducting from the aggregate valuation of the property in towns, cities, and unincorporated places such sums as will bring such valuations to the true and market value of the property, and by making such adjustments in the value of other property from which the towns, cities, and unincorporated places receive taxes or payments in lieu of taxes as may be equitable and just, so that any public taxes that may be apportioned among them shall be equal and just. In carrying out the duty to equalize the valuation of property, the commissioner shall follow the procedures set forth in RSA 21-J:9-a.
3 Effective Date. This act shall take effect April 1, 2014.