Text to be removed highlighted in red.
1 Taxation; Property Taxes; Standard and Optional Veterans' Tax Credit. Amend RSA 72:28, II to read as follows:
II. The optional veterans' tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to $750 . The optional veterans' tax credit shall replace the standard veterans' tax credit in its entirety and shall not be in addition thereto.
2 Taxation; Property Taxes; Optional Tax Credit for Combat Service. Amend RSA 72:28-c, II to read as follows:
II. The optional tax credit for combat service, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $50 up to $500 . The tax credit for combat service shall be subtracted each year from the property tax on the qualifying service member's residential real estate, as defined in RSA 72:29, II.
3 Taxation; Property Taxes; Optional Surviving Spouse Credit. Amend RSA 72:29-a, II to read as follows:
II. Upon the adoption of this paragraph by a city or town as provided in RSA 72:27-a, the surviving spouse of any person who was killed or died while on active duty in the armed forces of the United States or any of the armed forces of any of the governments associated with the United States in the wars, conflicts or armed conflicts, or combat zones set forth in RSA 72:28, shall receive a tax credit in the amount from $701 up to $2,000 for the taxes due upon the surviving spouse's real and personal property, whether residential or not, in the same municipality where the surviving spouse is a resident.
4 Applicability. The following shall not require local re-adoption by the municipality:
I. RSA 72:28, II, as amended by section 1 of this act.
II. RSA 72:28-c, II, as amended by section 2 of this act.
III. RSA 72:29-a, II, as amended by section 3 of this act.
5 Effective Date. This act shall take effect April 1, 2027.
Text to be added highlighted in green.
1 Taxation; Property Taxes; Standard and Optional Veterans' Tax Credit. Amend RSA 72:28, II to read as follows:
II. The optional veterans' tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to $1,000 . The optional veterans' tax credit shall replace the standard veterans' tax credit in its entirety and shall not be in addition thereto.
2 Taxation; Property Taxes; Optional Tax Credit for Combat Service. Amend RSA 72:28-c, II to read as follows:
II. The optional tax credit for combat service, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $50 up to $750 . The tax credit for combat service shall be subtracted each year from the property tax on the qualifying service member's residential real estate, as defined in RSA 72:29, II.
3 Taxation; Property Taxes; Optional Surviving Spouse Credit. Amend RSA 72:29-a, II to read as follows:
II. Upon the adoption of this paragraph by a city or town as provided in RSA 72:27-a, the surviving spouse of any person who was killed or died while on active duty in the armed forces of the United States or any of the armed forces of any of the governments associated with the United States in the wars, conflicts or armed conflicts, or combat zones set forth in RSA 72:28, shall receive a tax credit in the amount from $701 up to $2,500 for the taxes due upon the surviving spouse's real and personal property, whether residential or not, in the same municipality where the surviving spouse is a resident.
4 Applicability. The following shall not require local re-adoption by the municipality:
I. RSA 72:28, II, as amended by section 1 of this act.
II. RSA 72:28-c, II, as amended by section 2 of this act.
III. RSA 72:29-a, II, as amended by section 3 of this act.
5 Effective Date. This act shall take effect April 1, 2027.