HB 206-FN-A-LOCAL - AS INTRODUCED
2019 SESSION
19-0222
10/08
HOUSE BILL 206-FN-A-LOCAL
AN ACT eliminating timber taxes for certain properties.
SPONSORS: Rep. Flanagan, Hills. 26
COMMITTEE: Municipal and County Government
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ANALYSIS
This bill adds residential owners of land which is not in current use classification to persons who are not required to file an intent to cut or be subject to normal yield taxes on timber.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
19-0222
10/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
AN ACT eliminating timber taxes for certain properties.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Forest Conservation and Taxation; Normal Yield Taxes; Exception Added. Amend RSA 79:1, II(b) by inserting after paragraph (5) the following new paragraph:
(6) A person who is an owner and occupier of land zoned to permit residential uses, if such land is not classified for current use taxation under RSA 79-A.
2 Effective Date. This act shall take effect July 1, 2019.
19-0222
12/10/18
HB 206-FN-A-LOCAL- FISCAL NOTE
AS INTRODUCED
AN ACT eliminating timber taxes for certain properties.
FISCAL IMPACT: [ ] State [ ] County [ X ] Local [ ] None
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LOCAL: |
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Revenue | Indeterminable Decrease | Indeterminable Decrease | Indeterminable Decrease | Indeterminable Decrease |
Expenditures | $0 | $0 | $0 | $0 |
METHODOLOGY:
This bill would exempt a person from the requirement of filing an intent to cut and payment of the Normal Yield (Timber) Tax, if the person cuts wood or timber from land the person both owns and occupies for residential uses and such land is not classified for current use taxation under RSA 79-A.
The Department of Revenue Administration (DRA) indicates municipalities both assess and collect the Timber Tax, which is imposed at the rate of 10% on the stumpage value of wood or timber cut by certain persons at the time of cutting. DRA states there would be a decrease in revenue associated with additional persons no longer subject to the Timber Tax. The amount of such loss is indeterminable as the DRA cannot estimate revenues attributable to cutting that would be exempt as a result of the legislation.
The New Hampshire Municipal Association states the amount of Timber Tax revenue to municipalities in 2015 was $3.6 million and in 2016 it was $3.5 million. The Association cannot estimate how much revenue was generated by persons owning and occupying land in residential zones but indicates there will be an indeterminable decrease in tax revenue to municipalities because less individuals will be subject to the tax.
AGENCIES CONTACTED:
Department of Revenue Administration and New Hampshire Municipal Association
| Date | Body | Type |
|---|---|---|
| Jan. 22, 2019 | House | Hearing |
| Jan. 30, 2019 | House | Exec Session |
| House | Floor Vote | |
| Feb. 14, 2019 | House | Floor Vote |
| May 9, 2019 | Senate | Hearing |
May 9, 2019: Hearing: 05/09/2019, Room 100, SH, 11:00 am; SC 21
Feb. 14, 2019: Inexpedient to Legislate: MA VV 02/14/2019 HJ 5 P. 70
: Committee Report: Inexpedient to Legislate (Vote 18-0; RC)
Feb. 14, 2019: Committee Report: Inexpedient to Legislate for 02/14/2019 (Vote 18-0; RC) HC 11 P. 18
Jan. 30, 2019: Executive Session: 01/30/2019 10:00 am LOB 301
Jan. 22, 2019: Public Hearing: 01/22/2019 01:30 pm LOB 301
Jan. 2, 2019: Introduced 01/02/2019 and referred to Municipal and County Government HJ 2 P. 41