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SB503: relative to increasing the maximum amount of the optional veterans' tax credit.

Bill status: Signed by Governor

Citation
2018 SB503
Official source

Bill details

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

House status
Passed/Adopted
Senate status
Passed/Adopted with Amendment
Committee
House Municipal and County Government
Hearing
03/27/2018 at 11:20 AM
Selected version
Current official bill text

Sponsors

Topics

Local government Taxation

Official links

CHAPTER 148

SB 503 - FINAL VERSION

02/22/2018 0793s

2018 SESSION

18-2815

10/05

SENATE BILL 503

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

SPONSORS: Sen. Gannon, Dist 23; Sen. Bradley, Dist 3; Sen. Feltes, Dist 15; Sen. Innis, Dist 24; Sen. Hennessey, Dist 5; Sen. Kahn, Dist 10; Sen. Lasky, Dist 13; Sen. Sanborn, Dist 9; Sen. Watters, Dist 4; Sen. Cavanaugh, Dist 16; Sen. French, Dist 7; Sen. Fuller Clark, Dist 21; Sen. Giuda, Dist 2; Sen. Ward, Dist 8; Rep. McConnell, Ches. 12; Rep. V. Sullivan, Hills. 16; Rep. Burton, Straf. 6

COMMITTEE: Public and Municipal Affairs

AMENDED ANALYSIS

This bill allows towns and cities to adopt an increase of the optional veterans’ tax credit against property taxes up to $750.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/22/2018 0793s 18-2815

10/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

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:

148:1 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] $750. The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.

148:2 Effective Date. This act shall take effect April 1, 2018.

Approved: May 30, 2018

Effective Date: April 01, 2018