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SB474: exempting property owned by a private secondary or postsecondary educational institution from the education property tax.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Taxation Education Housing and property

Official links

SB 474-LOCAL - AS INTRODUCED

2004 SESSION

04-3188

04/10

SENATE BILL 474-LOCAL

AN ACT exempting property owned by a private secondary or postsecondary educational institution from the education property tax.

ANALYSIS

This bill exempts the real and personal property of private secondary and postsecondary educational institutions from the education property tax.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04-3188

04/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Four

AN ACT exempting property owned by a private secondary or postsecondary educational institution from the education property tax.

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

1 New Section; Exemption from Education Property Tax. Amend RSA 76 by inserting after section 3 the following new section:

76:3-a Exemption. Any real or personal property of a school, college, academy, or university taxable under RSA 72:24, IV shall be exempt from taxation under RSA 76:3.

2 Effective Date. This act shall take effect July 1, 2005.