Revision: Nov. 19, 2023, 1:03 p.m.
2024 SESSION
24-3023.0
11/10
SENATE BILL [bill number]
AN ACT increasing the annual real estate transfer tax revenue contribution to the affordable housing fund.
SPONSORS: [sponsors]
COMMITTEE: [committee]
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ANALYSIS
This bill increases the amount of annual real estate transfer tax revenues which are transfered to the affordable housing fund.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-3023.0
11/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT increasing the annual real estate transfer tax revenue contribution to the affordable housing fund.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Real Estate Transfer Tax; Distribution of Funds; Affordable Housing Fund. Amend RSA 78-B:13, III to read as follows:
III. Annually, on or before October 1, the commissioner shall direct the state treasurer to transfer the sum of [ $5,000,000] $10,000,000 from revenue collected pursuant to the tax imposed by RSA 78-B:1 to the affordable housing fund established in RSA 204-C:57.