HB1619 (2018) Detail

Adding the rehabilitation of tourist lodging to qualifying structures under the community revitalization tax relief incentive program.


HB 1619 - AS INTRODUCED

 

 

2018 SESSION

18-2524

10/01

 

HOUSE BILL 1619

 

AN ACT adding the rehabilitation of tourist lodging to qualifying structures under the community revitalization tax relief incentive program.

 

SPONSORS: Rep. Emerick, Rock. 21; Rep. Edgar, Rock. 21; Rep. Spanos, Belk. 3; Rep. Cushing, Rock. 21; Sen. Innis, Dist 24

 

COMMITTEE: Ways and Means

 

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ANALYSIS

 

This bill adds the rehabilitation, renovation, or replacement of tourist lodging to the community revitalization tax relief incentive program.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2524

10/01

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT adding the rehabilitation of tourist lodging to qualifying structures under the community revitalization tax relief incentive program.

 

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

 

1  New Paragraph; Community Revitalization Tax Relief; Definition Added; Tourist Lodging.  Amend RSA 79-E:2 by inserting after paragraph VII the following new paragraph:

VIII.  "Tourist lodging" means the building used in a commercial enterprise of lodging tourists, such as a hotel, campground, or cabins, for which the lodging is subject to the tax on occupancy under RSA 78-A.

2  Community Revitalization Tax Relief; Qualifying Structures; Tourist Lodging.  Amend RSA 79-E:2, II to read as follows:

II.  "Qualifying structure'' means a building located in a district officially designated in a municipality's master plan, or by zoning ordinance, as a downtown, town center, central business district, or village center, or, where no such designation has been made, in a geographic area which, as a result of its compact development patterns and uses, is identified by the governing body as the downtown, town center, or village center for purposes of this chapter.  Qualifying structure shall also mean historic structures in a municipality whose preservation and reuse would conserve the embodied energy in existing building stock.  Qualifying structure shall also mean structures for tourist lodging in a municipality which enhances economic vitality of a community, improves structures that may be culturally or historically important, or  preserves or reuses existing building stock.  Cities or towns may further limit "qualifying structure'' according to the procedure in RSA 79-E:3 as meaning only a structure located within such districts that meet certain age, occupancy, condition, size, or other similar criteria consistent with local economic conditions, community character, and local planning and development goals.  Cities or towns may further modify "qualifying structure'' to include buildings that have been destroyed by fire or act of nature, including where such destruction occurred within 15 years prior to the adoption of the provisions of this chapter by the city or town.  In a city or town that has adopted the provisions of RSA 79-E:4-a, "qualifying structure'' also means potentially impacted structures identified by the municipality within the coastal resilience incentive zone established under RSA 79-E:4-a.

3  Definition; Substantial Rehabilitation.  Amend RSA 79-E:2, IV to read as follows:

IV.  "Substantial rehabilitation'' means rehabilitation of a qualifying structure which costs at least 15 percent of the pre-rehabilitation assessed valuation or at least $75,000, whichever is less, except for tourist lodging which shall require rehabilitation, renovation, or replacement costs of at least 51 percent of the assessed valuation of the structure.  In addition, in the case of historic structures, substantial rehabilitation means devoting a portion of the total cost, in the amount of at least 10 percent of the pre-rehabilitation assessed valuation or at least $5,000, whichever is less, to energy efficiency in accordance with the U.S. Secretary of the Interior's Standards for Rehabilitation.  Cities or towns may further limit "substantial rehabilitation'' according to the procedure in RSA 79-E:3 as meaning rehabilitation which costs a percentage greater than 15 percent of pre-rehabilitation assessed valuation or an amount greater than $75,000 based on local economic conditions, community character, and local planning and development goals.

4  Effective Date.  This act shall take effect 60 days after its passage.

Links

HB1619 at GenCourtMobile

Action Dates

Date Body Type
Jan. 23, 2018 House Hearing
Feb. 21, 2018 House Exec Session
House Floor Vote
March 6, 2018 House Floor Vote

Bill Text Revisions

HB1619 Revision: 2296 Date: Nov. 13, 2017, 7:35 a.m.

Docket

Date Status
Jan. 3, 2018 Introduced 01/03/2018 and referred to Ways and Means HJ 1 P. 17
Jan. 23, 2018 Public Hearing: 01/23/2018 11:30 AM LOB 202
Jan. 30, 2018 Full Committee Work Session: 01/30/2018 01:00 PM LOB 202
Feb. 13, 2018 Subcommittee Work Session: 02/13/2018 12:30 PM LOB 104
Feb. 21, 2018 Executive Session: 02/21/2018 LOB 202
Committee Report: Inexpedient to Legislate (Vote 21-0; CC)
March 6, 2018 Committee Report: Inexpedient to Legislate for 03/06/2018 (Vote 21-0; CC) HC 9 P. 35
March 6, 2018 Inexpedient to Legislate: MA VV 03/06/2018 HJ 6 P. 61