Bill Text - SB168 (2017)

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


Revision: Jan. 25, 2017, 9:20 a.m.

SB 168  - AS INTRODUCED

 

 

2017 SESSION

17-0486

10/05

 

SENATE BILL 168

 

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

 

SPONSORS: Sen. Gannon, Dist 23; Sen. Innis, Dist 24; Sen. French, Dist 7; Sen. Gray, Dist 6; Sen. Giuda, Dist 2; Rep. True, Rock. 4; Rep. Hagan, Rock. 4; Rep. Polewarczyk, Rock. 4; Rep. Dean-Bailey, Rock. 32

 

COMMITTEE: Public and Municipal Affairs

 

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ANALYSIS

 

This bill allows towns and cities to adopt an increased amount of the optional veterans’ tax credit against property 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0486

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative 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:

 

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

II.  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] $1,000.  The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.

2  Effective Date.  This act shall take effect April 1, 2017.

SB 168  - AS INTRODUCED

 

 

2017 SESSION

17-0486

10/05

 

SENATE BILL 168

 

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

 

SPONSORS: Sen. Gannon, Dist 23; Sen. Innis, Dist 24; Sen. French, Dist 7; Sen. Gray, Dist 6; Sen. Giuda, Dist 2; Rep. True, Rock. 4; Rep. Hagan, Rock. 4; Rep. Polewarczyk, Rock. 4; Rep. Dean-Bailey, Rock. 32

 

COMMITTEE: Public and Municipal Affairs

 

-----------------------------------------------------------------

 

ANALYSIS

 

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

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

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.

17-0486

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative 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:

 

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

II.  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] $1,000.  The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.

2  Effective Date.  This act shall take effect April 1, 2017.