HB444 (2015) Detail

Exempting certain long-term residents from local school taxes.


HB 444-LOCAL - AS INTRODUCED

2015 SESSION

15-0229

10/08

HOUSE BILL 444-LOCAL

AN ACT exempting certain long-term residents from local school taxes.

SPONSORS: Rep. Hansen, Hills 22

COMMITTEE: Municipal and County Government

ANALYSIS

This bill exempts from the assessment of school district taxes any person who has paid school taxes and resided as a principal place of residence in this state for at least 36 consecutive years.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0229

10/08

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT exempting certain long-term residents from local school taxes.

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

1 Title. This act shall be known as the John Bachman tax reform act.

2 School District Taxes; Exemption for Long-Term Residents. Amend RSA 194:5 to read as follows:

194:5 Taxation. In the assessment of school district taxes every person shall be taxed in the district in which he lives for his or her personal estate subject to taxation in town, except that no school district taxes shall be assessed upon any person who has paid school district taxes on his or her principal place of residence in this state for 36 consecutive years or longer. A homeowner claiming such an exemption for long-term residence shall provide suitable proof of the claim to assessing officials. Real estate shall be taxed in the school district in which it is situated.

3 Effective Date. This act shall take effect April 1, 2015.