Revision: Jan. 9, 2025, 4:06 p.m.
HB 426 - AS INTRODUCED
2025 SESSION
25-0641
05/08
HOUSE BILL 426
AN ACT relative to property tax exemptions for charitable organizations for the prior tax year.
SPONSORS: Rep. J. MacDonald, Carr. 6; Rep. Maggiore, Rock. 23; Rep. Crawford, Carr. 3; Rep. Peternel, Carr. 6; Rep. Rung, Hills. 12; Rep. Lynn, Rock. 17
COMMITTEE: Municipal and County Government
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ANALYSIS
This bill provides that the grace period for submitting an application for a tax exemption under RSA 72:23, VI as amended by HB 1055 (2024), may form the basis for a property tax abatement for the 2024 tax year.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0641
05/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
AN ACT relative to property tax exemptions for charitable organizations for the prior tax year.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Property Tax Exemption for Charitable Organizations; Late Application. Any charitable organization, otherwise qualified to receive a property tax exemption under RSA 72:23 for the tax year ending December 31, 2024, but for the failure to file a timely application pursuant to RSA 72:23, VI, shall be granted the exemption retroactively if they satisfy to the selectmen that they were prevented by accident, mistake, or misfortune from filing an application on or before June 1, 2024. In such case RSA 72:23, VI as amended by 2024, 183:1 (HB 1055) shall form the basis for an abatement under RSA 76:16, for the tax year ending December 31, 2024.
2 Effective Date. This act shall take effect upon its passage.