Text to be removed highlighted in red.
1 New Paragraph; Procedure for Adoption, Modification, or Rescission; Opt Out Procedure. Amend RSA 72:27-a by inserting after paragraph IV the following new paragraph:
V. A property owner may opt out of contributing towards all locally adopted property tax credits or exemptions by checking the appropriate box on form PA-29 and submitting that form annually by April 15th. A property owner receiving any locally adopted tax credit or exemption may not opt out.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 New Paragraph; Procedure for Adoption, Modification, or Rescission; Opt Out Procedure. Amend RSA 72:27-a by inserting after paragraph IV the following new paragraph:
V. A property owner may opt out of contributing towards all locally adopted property tax credits or exemptions by checking the appropriate box on form PA-29 and submitting that form annually by April 15th. A property owner receiving any locally adopted tax credit or exemption may not opt out.
2 Effective Date. This act shall take effect 60 days after its passage.