HB 1359 - AS INTRODUCED
2016 SESSION
\t16-2518
\t10/06
HOUSE BILL\t1359
AN ACT\trelative to the tax credit for service-connected disability.
SPONSORS:\tRep. Estevez, Hills. 37; Rep. Manning, Rock. 8; Rep. Doucette, Rock. 8; Rep. Marston, Hills. 19
COMMITTEE:\tMunicipal and County Government
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ANALYSIS
\tThis bill allows towns and cities to increase the optional tax credit for service-connected disability to 100 percent of the property tax on the person's residential property.
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Explanation:\tMatter added to current law appears in bold italics.
\t\tMatter removed from current law appears [in brackets and struckthrough.]
\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.
\t16-2518
\t10/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT\trelative to the tax credit for service-connected disability.
Be it Enacted by the Senate and House of Representatives in General Court convened:
\t1 Property Taxation; Tax Credit for Service-Connected Total Disability; Optional Amount. Amend RSA 72:35, I-a to read as follows:
\t\tI-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 [$2,000] 100 percent of the total amount due on the annual property tax bill for the 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.
\t2 Effective Date. This act shall take effect April 1, 2016.