Amendment 2024-0212h to HB1105 (2024)

Relative to application of a local tax cap.


Revision: Feb. 13, 2024, 9:10 a.m.

Rep. Pauer, Hills. 36

January 22, 2024

2024-0212h

05/08

 

 

Amendment to HB 1105-FN-LOCAL

 

Amend the bill by replacing section 1 with the following:

 

1  Local Tax Cap.  Amend RSA 32:5-b, I to read as follows:

I.  In a town or district that has adopted this section, the estimated amount of local taxes to be raised for the fiscal year[, as shown on the] shall include the operating budget and all other warrant articles with a tax impact, certified by the governing body or the budget committee and posted [with] on the warrant for the annual meeting pursuant to RSA 32:5[,]. The estimated amount of local taxes to be raised for the fiscal year shall not exceed the local taxes raised for the prior year, as shown on the same budget and adjusted as provided in paragraph I-a, by more than the tax cap authorized when this section was adopted.