HB1266: relative to apportionment of property taxes in municipalities that are part of cooperative school districts.

HB 1266 - AS INTRODUCED

2018 SESSION

18-2402

05/10

HOUSE BILL 1266

AN ACT relative to apportionment of property taxes in municipalities that are part of cooperative school districts.

SPONSORS: Rep. Shurtleff, Merr. 11

COMMITTEE: Municipal and County Government

ANALYSIS

This bill provides that, in cooperative school districts, the proportional share of district taxes for the municipality in which the school is located may be determined by including the valuation of the school 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2402

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

AN ACT relative to apportionment of property taxes in municipalities that are part of cooperative school districts.

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

1 Cooperative School Districts; Certification of District Taxes. Amend RSA 175:14, I(d)(1) to read as follows:

(1) First, the department shall determine each pre-existing district's proportional share of the amount to be apportioned based on the cooperative school district formula; provided that, with the approval of the local governing body of each municipality in the cooperative school district, the proportional share for the municipality in which the school is located shall be determined by including the assessed value of the school property exempt under RSA 72:23, IV.

2 Effective Date. This act shall take effect July 1, 2018.