HB 1183 - AS INTRODUCED
2022 SESSION
22-2355
05/10
HOUSE BILL 1183
AN ACT relative to the calculation of property taxes for residents 75 years of age and older.
SPONSORS: Rep. Thompson, Coos 1
COMMITTEE: Municipal and County Government
-----------------------------------------------------------------
ANALYSIS
This bill establishes a education property tax credit for individuals over 75 years of age.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
22-2355
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
AN ACT relative to the calculation of property taxes for residents 75 years of age and older.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Education Property Tax Credit; Certain Persons Over 75 Years of Age. Amend RSA 72 by inserting after section 39-b the following new section:
72:39-c Education Property Tax Credit for Persons Over 75 Years of Age.
I. An owner of residential real estate who is over 75 years of age shall be granted a tax credit equal to 10 percent of the portion of the property tax designated for state and local education. The tax credit shall be awarded for a maximum of 5 years. The terms "residential real estate" and "tax credit" as used in this section shall have the same meaning as in RSA 72:29.
II. To be eligible for the credit:
(a) The person shall have resided in this state for at least 5 years.
(b) If the real estate is owned by the person's spouse, the couple must have been married to each other for at least 10 consecutive years.
2 Definitions; Reference Added. Amend RSA 72:29, VI to read as follows:
VI. For purposes of RSA 72:28, 28-b, 28-c, 29-a, 30, 31, 32, 33, 35, 36-a, 37, 37-a, 37-b, 38-a, 39-a, 39-c, 62, 66, and 70, the ownership of real estate, as expressed by such words as "owner," "owned" or "own," shall include those who have placed their property in a grantor/revocable trust or who have equitable title or the beneficial interest for life in the subject property.
3 Property Taxation; Application Procedure; Reference Added. Amend the introductory paragraph of RSA 72:33, I to read as follows:
I. No person shall be entitled to the exemptions or tax credits provided by RSA 72:28, 28-b, 28-c, 29-a, 30, 31, 32, 35, 36-a, 37, 37-a, 37-b, 38-b, 39-b, 39-c, 62, 66, and 70 unless the person has filed with the selectmen or assessors, by April 15 preceding the setting of the tax rate, a permanent application therefor, signed under penalty of perjury, on a form approved and provided by the commissioner of revenue administration, showing that the applicant is the true and lawful owner of the property on which the exemption or tax credit is claimed and that the applicant was duly qualified upon April 1 of the year in which the exemption or tax credit is first claimed, or, in the case of financial qualifications, that the applicant is duly qualified at the time of application. The form shall include the following and such other information deemed necessary by the commissioner:
4 Appeals; Reference. 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, 39-c, 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.
5 Effective Date. This act shall take effect April, 1, 2022.
| Date | Body | Type |
|---|---|---|
| Feb. 3, 2022 | House | Hearing |
| Feb. 23, 2022 | House | Exec Session |
| House | Floor Vote |
March 11, 2022: Inexpedient to Legislate: MA VV 03/10/2022 HJ 5
March 3, 2022: Committee Report: Inexpedient to Legislate (Vote 18-0; CC)
Feb. 23, 2022: Executive Session: 02/23/2022 9:00 a.m. LOB301-303
Feb. 3, 2022: Public Hearing: 02/03/2022 10:30 a.m. LOB301-303
: To Be Introduced and referred to Municipal and County Government
Nov. 17, 2021: Introduced 01/05/2022 and referred to Municipal and County Government