HB1417: enabling municipalities, cities, and towns to adopt a land value tax system and making an appropriation therefor.

Related law links

RSA references from bill data

• 21-J · reference · effective 2027-01-01

  land and improvement values for every taxable parcel using mass appraisal methods consistent with international association of assessing officers standards, department rules, and RSA 21-J. II. Assessing officials shall maintain and annually update a land value map or dataset and make parcel-level land and improvement values publicly available, subject to privacy protections in law. III. The depar

• 541-A · add · effective 2027-01-01

  map or dataset and make parcel-level land and improvement values publicly available, subject to privacy protections in law. III. The department shall adopt rules, pursuant to RSA 541-A, establishing minimum uniform standards for land/improvement split assessment, modeling, and ratio studies specific to LVT municipalities. IV. Equalization studies for LVT municipalities shall separately analyze lan

• 71-B · reference · effective 2027-01-01

  s under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as provided in RSA 75 and RSA 76:16-a, and to the BTLA under RSA 71-B. II. For LVT municipalities, assessment appeals may challenge the apportionment between land and improvement values as well as total value. 76:30 Administration; Training; Grants. I. The department shall off

• 72 · reference · effective 2027-01-01

  old income. Deferred taxes shall constitute a lien as provided by RSA 80. IV. Nothing in this section shall limit the use of existing deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as provided in RSA 75 and RSA 76:16-a, and to the BTLA under RSA 71-B. II. For LVT municipalities, assessment a

• 75 · reference · effective 2027-01-01

  of existing deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as provided in RSA 75 and RSA 76:16-a, and to the BTLA under RSA 71-B. II. For LVT municipalities, assessment appeals may challenge the apportionment between land and improvement values as well as total value. 76:30 Administration; T

• 76 · amend · effective 2027-01-01

  cient land use, expand housing supply, reduce blight and vacancy, and shift the tax burden away from building investment. 2 New Subdivision; Land Value Taxation System. Amend RSA 76 by inserting after section 21 the following new subdivision: Land Value Taxation System 76:22 Definitions. In this subdivision: I. “Land value” means the assessed value of a parcel of real property exclusive o

• 76:16-A · reference · effective 2027-01-01

  g deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as provided in RSA 75 and RSA 76:16-a, and to the BTLA under RSA 71-B. II. For LVT municipalities, assessment appeals may challenge the apportionment between land and improvement values as well as total value. 76:30 Administration; Training; Grants.

• 76:22 · add · effective 2027-01-01

  f revenue administration the sum of $1 for the fiscal year ending June 30, 2027, for the purpose of implementing and supporting the municipal land value tax program established in RSA 76:22 through RSA 76:33. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated. 4 Effective Date. This act shall take effect January 1, 2027. LBA 26

• 76:24 · reference · effective 2027-01-01

  he board of tax and land appeals. 76:23 Adoption Authority. I. Notwithstanding any other provision of law to the contrary, a municipality may adopt a LVT by the procedure in RSA 76:24 to apply to the municipal portion of the property tax rate. II. Adoption of a LVT under this subdivision shall not alter, replace, or reduce the statewide education property tax or any county tax. Such components s

• 76:27 · reference · effective 2027-01-01

  ality adopts a split-rate tax or a pure land tax; (b) The initial tax differential, expressed as separate rates on land value and improvement value, subject to the parameters of RSA 76:27; and (c) A transition schedule under RSA 76:28. III. In towns, adoption shall be by majority vote at an annual or special town meeting. In cities, adoption shall be by majority vote of the city council subject to a

• 76:28 · reference · effective 2027-01-01

  (b) The initial tax differential, expressed as separate rates on land value and improvement value, subject to the parameters of RSA 76:27; and (c) A transition schedule under RSA 76:28. III. In towns, adoption shall be by majority vote at an annual or special town meeting. In cities, adoption shall be by majority vote of the city council subject to any charter-required mayoral approval or veto proce

• 76:33 · add · effective 2027-01-01

  ration the sum of $1 for the fiscal year ending June 30, 2027, for the purpose of implementing and supporting the municipal land value tax program established in RSA 76:22 through RSA 76:33. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated. 4 Effective Date. This act shall take effect January 1, 2027. LBA 26-3186 11/24/25

• 79-A · reference · effective 2027-01-01

  d first to the improvement tax, then to the land tax, unless a local vote specifies a different sequence consistent with department rules. II. Land enrolled in current use under RSA 79-A shall continue to be assessed and taxed as provided in RSA 79-A. A LVT shall apply only to value not governed by RSA 79-A. III. Public utility property, tax-increment finance districts, and any special assessment dis

• 80 · reference · effective 2027-01-01

  eligible low- and moderate-income taxpayers whose property tax liability exceeds a threshold percentage of household income. Deferred taxes shall constitute a lien as provided by RSA 80. IV. Nothing in this section shall limit the use of existing deferral and abatement authorities under RSA 72 and RSA 76. 76:29 Appeals. I. Taxpayers may appeal land value and improvement value assessments as

RSAs mentioned by this document

• RSA 21-J · DEPARTMENT OF REVENUE ADMINISTRATION
• RSA 71-B · BOARD OF TAX AND LAND APPEALS
• RSA 72 · PERSONS AND PROPERTY LIABLE TO TAXATION
• RSA 75 · APPRAISAL OF TAXABLE PROPERTY
• RSA 76 · APPORTIONMENT, ASSESSMENT AND ABATEMENT OF TAXES
• RSA 79-A · CURRENT USE TAXATION
• RSA 80 · COLLECTION OF TAXES
• RSA 541-A · ADMINISTRATIVE PROCEDURE ACT