SB91 (2025) Compare Changes

The Bill Text indicates a repeal. This means the text being replaced is not available in the bill, and the unchanged text displayed is incomplete. The original text can be viewed by following the link to the RSA. Also, an accompanying re-enactment is not handled currently, and displayed in both unchanged and changed versions.

Unchanged Version

Text to be removed highlighted in red.

1 Taxation; Appraisal of Taxable Property; Appraisal of Residences. Amend RSA 75:11, I to read as follows:

I. The owner of record of any residence located in an industrial or commercial zone may apply on or before April 15 of each year to the selectmen or assessors, on a form prepared by the selectmen or assessors, for a special appraisal of the residence for that year, based upon its value at its current use as a residence. After the initial application, reapplication may be made on a form which shall be sent to the applicant by the assessing officials with the inventory blank. If any owner shall satisfy the assessing officials that the owner was prevented by accident, mistake or misfortune from filing said application on or before April 15, the officials may receive the application at a later date and classify the residence under this section; but no such application shall be received after the local tax rate has been approved by the commissioner of revenue administration for that year.

2 Repeal. RSA 75:11, VII, relative to reapplication for a current use assessment, is repealed.

3 Effective Date. This act shall take effect April 1, 2026.

Changed Version

Text to be added highlighted in green.

1 Taxation; Appraisal of Taxable Property; Appraisal of Residences. Amend RSA 75:11, I to read as follows:

I. The owner of record of any residence located in an industrial or commercial zone may apply on or before April 15 of any year to the selectmen or assessors, on a form prepared by the selectmen or assessors, for a special appraisal of the residence , based upon its value at its current use as a residence. After the initial application, reapplication shall not be required . If any owner shall satisfy the assessing officials that the owner was prevented by accident, mistake or misfortune from filing said application on or before April 15, the officials may receive the application at a later date and classify the residence under this section; but no such application shall be received after the local tax rate has been approved by the commissioner of revenue administration for that year.

2 Repeal. RSA 75:11, VII, relative to reapplication for a current use assessment, is repealed.

3 Effective Date. This act shall take effect April 1, 2026.