Bill Text - HB1563 (2024)

Relative to the education property tax and the authority of political subdivisions.


Revision: Oct. 31, 2023, 12:36 p.m.

 

2024 SESSION

24-2025.0

05/10

 

HOUSE BILL [bill number]

 

AN ACT relative to the education property tax and the authority of political subdivisions.

 

SPONSORS: [sponsors]

 

COMMITTEE: [committee]

 

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ANALYSIS

 

This bill replaces the statewide education property tax with a property tax contribution from political subdivisions.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2025.0

05/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT relative to the education property tax and the authority of political subdivisions.

 

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

 

1  Taxation; Real Estate.  Amend RSA 72:6 to read as follows:

72:6  Real Estate.  Political subdivisions of the state may impose a real estate tax.  The only real estate tax the state may impose is upon utilities in accordance with RSA 83-F.  All real estate, whether improved or unimproved, shall be taxed except as otherwise provided.

2  New Section; Education Tax; Assessment by Political Subdivision.  Amend RSA 76 by inserting after section 8 the following new section:

76:8-a  Education Tax; Assessment.  The selectmen of towns, or assessors of cities, shall annually assess the local property tax contribution, as defined in RSA 198:38, VIII and any additional amount necessary to fund school district appropriations not funded by distributions from the education trust fund under RSA 198:39 or by other revenue sources.

3  New Paragraph; Adequate Education; Education Trust Fund; Definition of Local Property Tax Contribution.  Amend RSA 198:38 by inserting after paragraph VIII the following new paragraph:

IX.  "Local property tax contribution" means the education property tax warrant issued by the department of revenue pursuant to RSA 76:8 for the property tax year beginning April 1, 2024.  

4  Determination of Education Grants.  Amend RSA 198:41, I to read as follows:

I.  Except for municipalities where all school districts therein provide education to all of their pupils by paying tuition to other institutions, the department of education shall determine the total education grant for the municipality as follows:

(a)  Add the per pupil cost of providing the opportunity for an adequate education for which each pupil is eligible pursuant to RSA 198:40-a, I-III, and from such amount;

(b)  Subtract the [amount of the education tax warrant to be issued by the commissioner of revenue administration for such municipality reported pursuant to RSA 76:8 for the next tax year] local property tax contribution; and

(c)  Add the municipality's extraordinary need grant pursuant to RSA 198:40-f.

5  Repeal.  The following are repealed:

I.  RSA 76:3, relative to the education tax.

II.  RSA 76:8, relative to the commissioner's warrant.

6  Effective Date.

I.  Section 5 of this act shall take effect December 1, 2024.

II.  The remainder of this act shall take effect July 1, 2025.