This page is an unofficial LFoD record and is not legal advice. Verify the document against the official source before relying on it.
SB251: relative to the advisory board of a tax increment financing district.
Bill details
Version history, amendments, and roll-call votes were not present in the imported local bill data.
Sponsors
- Regina Birdsell Senate · Dist 19
- James P. Gray Senate · Dist 6
Topics
Official links
CHAPTER 151
SB 251 - FINAL VERSION
03/17/2022 1010s
2022 SESSION
22-3009
05/10
SENATE BILL 251
AN ACT relative to the advisory board of a tax increment financing district.
AMENDED ANALYSIS
This bill requires members of an advisory board for a tax increment financing district to be owners or occupants of real property within the community and requires at least one member to be an owner or occupant of real property within the district.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/17/2022 1010s 22-3009
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
AN ACT relative to the advisory board of a tax increment financing district.
Be it Enacted by the Senate and House of Representatives in General Court convened:
151:1 Advisory Board of Tax Increment Financing District. Amend RSA 162-K:14, I to read as follows:
I. The legislative body of the municipality shall create an advisory board for each development district that ensures fair representation of business and community interests. The board shall consist of such number of members appointed or elected as determined by the legislative body. A majority of members shall be owners or occupants of real property within [or adjacent to the development district] the community and at least one member shall be an owner or occupant of real property within the development district. In a substantially residential development district, however, the board shall consist solely of owners or occupants of real property within [or adjacent to the district] the community and at least one member shall be an owner or occupant of real property within the development district.
151:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 07, 2022
Effective Date: August 06, 2022