HB1021 (2026) Detail

Amending the date to provide written notice to a municipality of a taxpayer's election to be assessed under the low-income housing tax credit program.


HB 1021  - AS INTRODUCED

 

 

2026 SESSION

26-2342

07/05

 

HOUSE BILL 1021

 

AN ACT amending the date to provide written notice to a municipality of a taxpayer's election to be assessed under the low-income housing tax credit program.

 

SPONSORS: Rep. Walker, Straf. 19; Rep. J. MacDonald, Carr. 6; Rep. Maggiore, Rock. 23

 

COMMITTEE: Housing

 

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ANALYSIS

 

This bill amends the date to provide written notice to a municipality of a taxpayer's election to be assessed under the low-income housing tax credit program.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

26-2342

07/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty-Six

 

AN ACT amending the date to provide written notice to a municipality of a taxpayer's election to be assessed under the low-income housing tax credit program.

 

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

 

1  Taxation; Appraisal of Taxable Property; Residential Property Subject to Housing Covenant Under the Low-Income Housing Tax Credit Program.  Amend RSA 75:1-a, I to read as follows:

I. To make an election for an appraisal of property subject to a housing covenant under the low-income housing tax credit program, the taxpayer shall, by [October 1] April 15 preceding the tax year for which the election is sought, provide written notice to the municipality of the taxpayer's election to be assessed under this section, using a form prepared by the department of revenue administration. A property that as of April 1 of the tax year is under construction shall not be eligible to apply for assessment under this section.

2  Effective Date.  This act shall take effect July 1, 2026.

Links


Action Dates

Bill Text Revisions

HB1021 Revision: 49127 Date: Nov. 7, 2025, 9:57 a.m.

Docket


Nov. 7, 2025: Introduced 01/07/2026 and referred to Housing HJ 1