HB 573-FN - AS INTRODUCED
HOUSE BILL 573-FN
SPONSORS: Rep. Murphy, Hills. 7
COMMITTEE: Ways and Means
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
Be it Enacted by the Senate and House of Representatives in General Court convened:
V. The buildings, lands, and personal property of charitable organizations and societies organized, incorporated, or legally doing business in this state, owned, used, and occupied by them directly for the purposes for which they are established, provided that none of the income or profits thereof is used for any other purpose than the purpose for which they are established. Provided that the application of the exemption in this paragraph to charitable nonprofit hospitals shall be limited to the building, land associated with such building, and personal property contained therein which is the main campus of the hospital’s facility and shall not extend to other property of such hospital not located at the main campus, even if charitable services are provided therein.
HB 573-FN- FISCAL NOTE
FISCAL IMPACT: [ ] State [ ] County [ X ] Local [ ] None
This bill would limit the property tax exemption for nonprofit hospitals to property of the main hospital campus. The change would result in some currently tax-exempt properties being subject to property tax. The New Hampshire Municipal Association does not have information on the number of municipalities with such property or the valuation of the properties, and therefore, cannot determine the dollar impact of the change. The Association notes this change would not necessarily increase municipal revenues, but would shift the property tax burden among taxpayers.
The Department of Revenue Administration assumes the bill would require individual analysis of what property is or is not part of the "main campus". This requirement would increase local administration costs by an indeterminable amount. The Department does not have sufficient information to calculate the possible cost to municipalities to administer the charitable exemption as modified by this bill.
The Department of Justice states the bill has no fiscal impact to the Department as it does not assess or collect property taxes or other activities related to the bill.
New Hampshire Municipal Association and the Departments of Revenue Administration and Justice
|Feb. 7, 2017||House||Hearing|
|Feb. 28, 2017||House||Exec Session|
|March 8, 2017||House||Floor Vote|
|Jan. 5, 2017||Introduced 01/05/2017 and referred to Ways and Means HJ 3 P. 19|
|Feb. 7, 2017||Public Hearing: 02/07/2017 11:30 AM LOB 202|
|Feb. 28, 2017||Executive Session: 02/28/2017 LOB 202|
|March 8, 2017||Committee Report: Inexpedient to Legislate for 03/08/2017 (Vote 22-0; RC)|
|March 9, 2017||Inexpedient to Legislate: MA VV 03/09/2017 HJ 10 P. 57|