Amendment 2026-1597s to HB1021 (2026)

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.


Revision: April 21, 2026, 1:04 p.m.

Senate Election Law and Municipal Affairs

April 21, 2026

2026-1597s

05/07

 

 

Amendment to HB 1021

 

Amend the bill by replacing all after the enacting clause with the following:  

 

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 preceding the tax year for which the election is sought] on or before April 15, 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 January 1, 2027.