Text to be removed highlighted in red.
1 New Paragraph; Exception to Tax; Occupancy; Extended Stay Housing Program. Amend RSA 78-A:6-d by inserting after paragraph IX the following new paragraph:
X. Lodging businesses for the duration of an occupant's stay in rooms reserved specifically for the extended stay housing program established under RSA 78-A:6-e.
2 New Section; Extended Stay Housing Program. Amend RSA 78-A by inserting after section 6-d the following new section:
78-A:6-e Extended Stay Housing Program.
I. There is hereby established an extended stay housing program, providing an exemption to the rooms and meals tax pursuant to RSA 78-A:6-d, X.
II. Nothing in this section shall grant tenants' rights to any individuals occupying a unit on the property, and the lodging business reserves the right to remove any individuals for non-payment, violations of its rules under RSA 353:3-c, or if the lodging business opts out of the extended stay housing program.
III. Lodging business owners may elect, but cannot be compelled by the state, county or municipal subdivisions, to participate in the extended stay housing program by meeting the following criteria:
(a) Submit a completed application form to the department of revenue administration;
(b) No more than 25 percent of regularly available lodging rooms can be assigned to the program;
(c) Monthly rental fee can be no more than 125 percent of estimated affordable monthly rent per RSA 674:58; and
(d) An agreement between the lodging business and an employer; or a lodging business and an individual be in place expressing intent to use the exempt room as an extended stay residence.
IV. The department of revenue administration is authorized to develop rules to implement this program in accordance with RSA 541-A.
3 Repeal. The following are repealed:
I. RSA 78-A:6-d, X, relative to the extended stay housing program exception to the rooms and meals tax.
II. RSA 78-A:6-e, relative to the establishment of the extended stay housing program.
4 Effective Date.
I. Sections 1 and 2 of this act shall take effect July 1, 2024.
II. The remainder of this act shall take effect July 1, 2026.
Text to be added highlighted in green.
1 New Paragraph; Exception to Tax; Occupancy; Extended Stay Housing Program. Amend RSA 78-A:6-d by inserting after paragraph IX the following new paragraph:
X. Lodging businesses for the duration of an occupant's stay in rooms reserved specifically for the extended stay housing program established under RSA 78-A:6-e.
2 New Section; Extended Stay Housing Program. Amend RSA 78-A by inserting after section 6-d the following new section:
78-A:6-e Extended Stay Housing Program.
I. There is hereby established an extended stay housing program, providing an exemption to the rooms and meals tax pursuant to RSA 78-A:6-d, X.
II. Nothing in this section shall grant tenants' rights to any individuals occupying a unit on the property, and the lodging business reserves the right to remove any individuals for non-payment, violations of its rules under RSA 353:3-c, or if the lodging business opts out of the extended stay housing program.
III. Lodging business owners may elect, but cannot be compelled by the state, county or municipal subdivisions, to participate in the extended stay housing program by meeting the following criteria:
(a) Submit a completed application form to the department of revenue administration;
(b) No more than 25 percent of regularly available lodging rooms can be assigned to the program;
(c) Monthly rental fee can be no more than 125 percent of estimated affordable monthly rent per RSA 674:58; and
(d) An agreement between the lodging business and an employer; or a lodging business and an individual be in place expressing intent to use the exempt room as an extended stay residence.
IV. The department of revenue administration is authorized to develop rules to implement this program in accordance with RSA 541-A.
3 Repeal. The following are repealed:
I. RSA 78-A:6-d, X, relative to the extended stay housing program exception to the rooms and meals tax.
II. RSA 78-A:6-e, relative to the establishment of the extended stay housing program.
4 Effective Date.
I. Sections 1 and 2 of this act shall take effect July 1, 2024.
II. The remainder of this act shall take effect July 1, 2026.