Bill Text - SB341 (2018)

(New Title) relative to the veterans' property tax credit for service-connected disability.


Revision: April 20, 2018, 9:28 a.m.

SB 341 - VERSION ADOPTED BY BOTH BODIES

 

02/22/2018   0646s

2018 SESSION

18-2829

05/10

 

SENATE BILL 341

 

AN ACT relative to the veterans' property tax credit for service-connected disability.

 

SPONSORS: Sen. Daniels, Dist 11

 

COMMITTEE: Public and Municipal Affairs

 

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AMENDED ANALYSIS

 

This bill increases the maximum property tax credit for service-connected total disability from $2000 to $4000.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/22/2018   0646s 18-2829

05/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to the veterans' property tax credit for service-connected disability.

 

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

 

1  Tax Credit for Service-Connected Total Disability.  Amend RSA 72:35, I-a to read as follows:

I-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] $4,000.  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.

2  Effective Date.  This act shall take effect January 1, 2019.