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SB168: relative to increasing the maximum amount of the optional veterans tax credit.

Citation
2017 SB168
Official source

Bill details

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

House status
Inexpedient to Legislate
Senate status
Passed/Adopted
Committee
House Municipal and County Government
Hearing
04/11/2017 at 10:00 AM
Selected version
Current official bill text

Sponsors

Topics

Local government Taxation

Official links

SB 168 - AS INTRODUCED

2017 SESSION

17-0486

10/05

SENATE BILL 168

AN ACT relative to increasing the maximum amount of the optional veterans tax credit.

SPONSORS: Sen. Gannon, Dist 23; Sen. Innis, Dist 24; Sen. French, Dist 7; Sen. Gray, Dist 6; Sen. Giuda, Dist 2; Rep. True, Rock. 4; Rep. Hagan, Rock. 4; Rep. Polewarczyk, Rock. 4; Rep. Dean-Bailey, Rock. 32

COMMITTEE: Public and Municipal Affairs

ANALYSIS

This bill allows towns and cities to adopt an increased amount of the optional veterans’ tax credit against property taxes.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0486

10/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seventeen

AN ACT relative to increasing the maximum amount of the optional veterans tax credit.

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

1 Property Taxation; 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 [$500] $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 Effective Date. This act shall take effect April 1, 2017.