Revision: March 4, 2026, 2:42 p.m.
Rep. Howland, Straf. 20
February 9, 2026
2026-0592h
07/05
Amendment to HB 1103
Amend RSA 79-E:4-c as inserted by section 3 of the bill by replacing it with the following:
79-E:4-c Housing Opportunity Zone. A city or town may adopt the provisions of this section by vote of its legislative body, in accordance with the procedures described in RSA 79-E:3, to establish a housing opportunity zone. To be eligible for tax relief under this section, the qualifying structure and property shall be located within the housing opportunity zone established by the municipality. [No less than one-third of the housing units constructed shall be designated for households with an income of 80 percent or less of the area median income as measured by the United States Department of Housing and Urban Development, or the housing units in a qualifying structure shall be designated for households with incomes as provided in RSA 204-C:57, IV] Municipalities may further establish criteria for the public benefits, goals, and measures that promote housing affordability for tax relief located within a designated housing opportunity zone. A qualifying structure under this section shall be eligible for tax assessment relief, beginning upon issuance of the certification of occupancy or completion of construction of new housing units, for a period of up to [10 years, beginning upon issuance of the certification of occupancy] 7 years if no workforce housing, as defined by RSA 674:58, is created, or up to 11 years, if workforce housing is created.
Amend the bill by replacing section 5 with the following:
5 Effective Date. This act shall take effect 60 days after its passage.