Revision: Dec. 20, 2017, 12:26 p.m.
SB 511 - AS INTRODUCED
2018 SESSION
18-2775
05/10
SENATE BILL 511
AN ACT establishing an optional tax credit for deployed military personnel.
SPONSORS: Sen. Woodburn, Dist 1; Sen. Birdsell, Dist 19; Sen. Bradley, Dist 3; Sen. Carson, Dist 14; Sen. Cavanaugh, Dist 16; Sen. Feltes, Dist 15; Sen. French, Dist 7; Sen. Fuller Clark, Dist 21; Sen. Gannon, Dist 23; Sen. Gray, Dist 6; Sen. Hennessey, Dist 5; Sen. Innis, Dist 24; Sen. Kahn, Dist 10; Sen. Lasky, Dist 13; Sen. Reagan, Dist 17; Sen. Sanborn, Dist 9; Sen. Soucy, Dist 18; Sen. Watters, Dist 4; Rep. Stone, Rock. 1; Rep. Baldasaro, Rock. 5; Rep. Josephson, Graf. 11
COMMITTEE: Public and Municipal Affairs
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ANALYSIS
This bill allows municipalities to adopt a property tax credit for deployed military personnel.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
18-2775
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT establishing an optional tax credit for deployed military personnel.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Optional Tax Credit for Deployed Military Personnel. Amend RSA 72 by inserting after section 28-b the following new section:
72:28-c Optional Tax Credit for Deployed Military Personnel.
I. A town or city may adopt or rescind the optional tax credit for deployed military personnel granted under this section by the procedure in RSA 72:27-a.
II. The tax credit for deployed military personnel, upon adoption by a city or town pursuant to RSA 72:27-a, shall be $500.
III. The tax credit for deployed military personnel shall be subtracted each year from the property tax on the deployed military personnel's residential property.
IV. A person shall qualify for the tax credit for deployed military personnel if the person is a resident of this state and was deployed at any point by the armed forces of the United States during the taxable period. If a person is determined to be eligible for the tax credit after April 1 but before all taxes for the year in which the deployment occurred have been billed and paid, the credit shall be applied to the balance of tax payments due for that year. If a person is deemed eligible for the tax credit after taxes all have been billed and paid for the year in which the deployment occurred, the credit shall be applied in the following year.
2 Adoption Procedure. Amend the introductory paragraph of RSA 72:27-a, I to read as follows:
I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:28-c, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, or RSA 72:82 in the following manner:
3 Appeal. Amend RSA 72:34-a to read as follows:
72:34-a Appeal From Refusal to Grant Exemption, Deferral, or Tax Credit. Whenever the selectmen or assessors refuse to grant an applicant an exemption, deferral, or tax credit to which the applicant may be entitled under the provisions of RSA 72:23, 23-d, 23-e, 23-f, 23-g, 23-h, 23-i, 23-j, 23-k, 28, 28-b, 28-c, 29-a, 30, 31, 32, 35, 36-a, 37, 37-a, 37-b, 38-a, 38-b, 39-a, 39-b, 41, 42, 62, 66, or 70 the applicant may appeal in writing, on or before September 1 following the date of notice of tax under RSA 72:1-d, to the board of tax and land appeals or the superior court, which may order an exemption, deferral, or tax credit, or an abatement if a tax has been assessed.
4 Property Taxation; Rulemaking; Commissioner of Revenue Administration. Amend RSA 72:36, I to read as follows:
I. The commissioner's interpretation of RSA 72:28, 72:28-b, 72:28-c, 72:29, 72:29-a, 72:30, 72:31, 72:32, 72:33, 72:34, 72:34-a, 72:35, 72:36-a, 72:37, 72:37-a, 72:37-b, 72:38-a, 72:38-b, 72:39-a, 72:39-b, 72:41, 72:62, 72:66, and 72:70; and