HB229 (2016) Detail

Relative to increasing the maximum amount of the optional veterans tax credit.


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HB 229 - AS INTRODUCED

 

2015 SESSION

\t15-0043

\t10/08

 

HOUSE BILL\t\t229

 

AN ACT\trelative to increasing the maximum amount of the optional veterans tax credit.

 

SPONSORS:\tRep. Chirichiello, Rock 6; Rep. Notter, Hills 21; Rep. Potucek, Rock 6; Rep. Fromuth, Hills 7; Rep. Leeman, Straf 23; Rep. Martin, Merr 23; Rep. J. Sweeney, Rock 8; Rep. Spillane, Rock 2; Rep. R. Christie, Hills 6; Rep. Rideout, Coos 7; Sen. Carson, Dist 14

 

COMMITTEE:\tMunicipal and County Government

 

 

ANALYSIS

 

\tThis bill allows towns and cities to adopt an increased amount of the optional veterans’ tax credit against property taxes

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\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

 

\t15-0043

\t10/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Fifteen

 

AN ACT\trelative to increasing the maximum amount of the optional veterans tax credit.

 

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

 

\t1  Property Taxation; Optional Veterans’ Tax Credit.  Amend RSA 72:28, II to read as follows:

\t\tII.  The optional veterans’ tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to [$500] $750.  The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.

\t2  Effective Date.  This act shall take effect April 1, 2015.