SB225: (New Title) establishing the commission to study the assessing of power generation.

CHAPTER 228

SB 225 - FINAL VERSION

02/22/2023 0537s

02/22/2023 0641s

4May2023... 1397h

2023 SESSION

23-0878

10/05

SENATE BILL 225

AN ACT establishing the commission to study the assessing of power generation.

SPONSORS: Sen. Lang, Dist 2; Sen. Avard, Dist 12; Sen. Pearl, Dist 17; Rep. Bordes, Belk. 5

COMMITTEE: Energy and Natural Resources

AMENDED ANALYSIS

This bill establishes the commission to study the assessing of power generation.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/22/2023 0537s

02/22/2023 0641s

4May2023... 1397h 23-0878

10/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty Three

AN ACT establishing the commission to study the assessing of power generation.

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

228:1 Commission to Study the Assessing of Power Generation. RSA 72:8-f is repealed and reenacted to read as follows:

72:8-f Study Commission on the Assessing of Power Generation. There is established a commission to study the assessing of power generation.

I. The commission shall:

(a) Determine the most accurate methodology for assessing power generation assets.

(b) Compare the efficacy of the department of revenue administration approach to assessing the assets of the 59 power generation facilities with the approaches utilized by the municipalities.

(c) Understand how other states handle the assessing of power generation facilities for property tax purposes.

(d) Recommend a unified approach to be utilized by both the department of revenue administration and municipalities, which should include confidential data reporting requirements by the power generation companies for the methodology chosen.

II. The commission shall consist of the following members:

(a) Six members of the house of representatives, one of whom shall be from the science, technology and energy committee, one from the ways and means committee, and one member from the minority party who shall be from either of the committees, to be appointed by the speaker of the house of representatives.

(b) Two members of the senate, appointed by the senate president.

(c) The chairperson of the assessing standards board, or designee.

(d) The commissioner of the department of revenue administration, or designee.

(e) One member appointed by the New Hampshire Municipal Association.

(f) One member appointed by the New England Power Generators Association (NEPGA).

(g) One member appointed by the New Hampshire Association of Assessing Officials (NHAAO).

(h) One member appointed by the Granite State Hydropower Association (GSHA).

(i) One member of the public, appointed by governor.

III. The members of the study commission shall elect a chairperson from among the members. The first meeting of the commission shall be called by the first-named house member. The first meeting of the commission shall be held within 45 days of the effective date of this section. A majority of the appointed members of the commission shall constitute a quorum.

IV. The commission shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2023.

228:2 Repeal. RSA 72:8-f, relative to the study commission on the assessing of power generation, is repealed

228:3 Effective Date.

I. Section 2 of this act shall take effect November 1, 2023.

II. The remainder of this act shall take effect upon its passage.

Approved: August 04, 2023

Effective Date:

I. Section 2 effective November 1, 2023

II. Remainder effective August 4, 2023