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HB323: (New Title) relative to standards for revaluations established by the assessing standards board.

Bill status: Signed by Governor

Citation
2017 HB323
Official source

Bill details

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

House status
Passed/Adopted with Amendment
Senate status
Passed/Adopted
Committee
Senate Executive Departments and Administration
Hearing
04/26/2017 at 10:15 AM
Selected version
Current official bill text

Sponsors

Topics

Executive administration

Official links

CHAPTER 132

HB 323 - FINAL VERSION

8Mar2017... 0167h

2017 SESSION

17-0540

10/05

HOUSE BILL 323

AN ACT relative to standards for revaluations established by the assessing standards board.

SPONSORS: Rep. Abrami, Rock. 19; Rep. Vose, Rock. 9; Rep. Azarian, Rock. 8; Rep. Lovejoy, Rock. 36; Rep. D. Thomas, Rock. 5; Sen. D'Allesandro, Dist 20

COMMITTEE: Executive Departments and Administration

AMENDED ANALYSIS

This bill modifies a reference to the Uniform Standards of Professional Appraisal Practice used by the assessing standards board in establishing standards for revaluations of property.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

8Mar2017... 0167h 17-0540

10/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seventeen

AN ACT relative to standards for revaluations established by the assessing standards board.

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

132:1 Assessing Standards Board; Powers and Duties; Standards. Amend RSA 21-J:14-b, I(c) to read as follows:

(c) The establishment of standards for revaluations based on the most recent edition of [USPAP Standard 6] the Uniform Standards of Professional Appraisal Practice (USPAP). The department of revenue administration shall in its assessment review process incorporate these standards and report its findings to the assessing standards board and the municipality, in accordance with RSA 21-J:11-a, II. These standards shall be reported to the assessing standards board for all reviews conducted on or after the April 1, 2006 assessment year. These standards shall be incorporated in the assessment review process for all reviews conducted on or after the April 1, 2007 assessment year.

132:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: June 16, 2017

Effective Date: August 15, 2017