HB1674: creating a tax exemption for certain lower-income property owners.

Related law links

RSA references from bill data

• 21-J:3 · amend · effective 2027-04-01

  ted by the Senate and House of Representatives in General Court convened: 1 The State and Its Government; Department of Revenue Administration; Duties of Commissioner. Amend RSA 21-J:3, XIII to read as follows: XIII. Equalize annually by May 1 the valuation of the property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuan

• 21-J:9-A · amend · effective 2027-04-01

  at may be apportioned among them shall be equal and just. In carrying out the duty to equalize the valuation of property, the commissioner shall follow the procedures set forth in RSA 21-J:9-a. 2 Taxation; Persons and Property Liable to Taxation; Procedure for Adoption, Modification, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the pro

• 72 · amend · effective 2027-04-01

  ed the amount provided in RSA 72:37, 72:37-b, 72:38-b, [or] 72:39-b, or 72:60-b. 5 New Sections; Taxation; Persons and Property Liable to Taxation; Homestead Exemption. Amend RSA 72 by inserting after section 60 the following new sections: 72:60-a Conditions for Homestead Exemption. I. No exemption shall be allowed under RSA 72:60-b unless the person applying therefor: (a) Has resided a

• 72:27-A · amend · effective 2027-04-01

  ocedures set forth in RSA 21-J:9-a. 2 Taxation; Persons and Property Liable to Taxation; Procedure for Adoption, Modification, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, R

• 72:28 · amend · effective 2027-04-01

  ation; Procedure for Adoption, Modification, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxatio

• 72:28-B · amend · effective 2027-04-01

  edure for Adoption, Modification, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxation; Person and

• 72:29-A · amend · effective 2027-04-01

  ption, Modification, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxation; Person and Property Lia

• 72:35 · amend · effective 2027-04-01

  cation, or Rescission. Amend introductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxation; Person and Property Liable to Taxa

• 72:36 · amend · effective 2027-04-01

  RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxation; Person and Property Liable to Taxation; Interpretation; Rules. Amend RSA 72:36, I to read as follows: I. The commissioner's interpretation of RSA 72:28, 72:28-b, 72:28-c, 72:29, 72:29-a, 72:30, 72:31, 72:32, 72:33, 72:34, 72:34-a, 72:35, 72:36-a, 72:37, 72:37-a, 72:37-b, 72:38-a, 72:38-b, 72:39

• 72:37 · reference · effective 2027-04-01

  annually by May 1 the valuation of the property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a

• 72:37-B · reference · effective 2027-04-01

  May 1 the valuation of the property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:

• 72:38-B · amend · effective 2027-04-01

  ductory paragraph for RSA 72:27-a, I to read as follows: I. Any town or city may adopt the provisions of RSA 72:28, RSA 72:28-b, RSA 72:29-a, RSA 72:35, RSA 72:37, RSA 72:37-b, RSA 72:38-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:76, RSA 72:82, RSA 72:85, or RSA 72:87, in the following manner: 3 Taxation; Person and Property Liable to Taxation; Interpretation; Rules. Amend R

• 72:39-A · reference · effective 2027-04-01

  luation of the property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:4-b, by addin

• 72:39-B · reference · effective 2027-04-01

  ed person shall be granted exemption for the blind under RSA 72:37, the disabled under RSA 72:37-b, the deaf or severely hearing impaired under RSA 72:38-b, [or] the elderly under RSA 72:39-b, or the homestead under RSA 72:60-b, in proportion to his or her interest therein with other persons so entitled, but in no case shall the total exemption to all persons so entitled exceed the amount provided in RSA 72:

• 72:41 · amend · effective 2027-04-01

  b, 72:38-a, 72:38-b, 72:39-a, 72:39-b, 72:41, 72:60-a, 72:60-b, 72:62, 72:66, 72:70; 72:85, and 72:87; and 4 Taxation; Persons and Property Liable to Taxation; Proration. Amend RSA 72:41 to read as follows: 72:41 Proration. If any entitled person or persons shall own a fractional interest in residential real estate, each such entitled person shall be granted exemption for the blind under RSA 72:37,

• 72:60-A · add · effective 2027-04-01

  e property as assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:4-b, by adding to or deduc

• 72:60-B · reference · effective 2027-04-01

  for the blind under RSA 72:37, the disabled under RSA 72:37-b, the deaf or severely hearing impaired under RSA 72:38-b, [or] the elderly under RSA 72:39-b, or the homestead under RSA 72:60-b, in proportion to his or her interest therein with other persons so entitled, but in no case shall the total exemption to all persons so entitled exceed the amount provided in RSA 72:37, 72:37-b, 72:38-b, [or] 72:39-b,

• 72:62 · add · effective 2027-04-01

  assessed in the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:4-b, by adding to or deducting from t

• 72:66 · add · effective 2027-04-01

  n the several towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:4-b, by adding to or deducting from the aggregat

• 72:70 · add · effective 2027-04-01

  al towns, cities, and unincorporated places in the state including the value of property exempt pursuant to RSA 72:37, RSA 72:37-b, RSA 72:39-a, RSA 72:60-a, RSA 72:62, RSA 72:66, RSA 72:70, RSA 72:85, and RSA 72:87, property which is subject to tax relief under RSA 79-E:4, and property which is subject to tax relief under RSA 79-E:4-a or RSA 79-E:4-b, by adding to or deducting from the aggregate valuation

RSAs mentioned by this document

• RSA 21-J · DEPARTMENT OF REVENUE ADMINISTRATION
• RSA 72 · PERSONS AND PROPERTY LIABLE TO TAXATION
• RSA 21-J:3 · Duties of Commissioner
• RSA 72:28 · Standard and Optional Veterans' Tax Credit
• RSA 72:35 · Tax Credit for Service-Connected Total Disability
• RSA 72:36 · Interpretations; Rules
• RSA 72:37 · Exemption for the Blind
• RSA 72:41 · Proration
• RSA 72:62 · Exemption for Solar Energy Systems
• RSA 72:66 · Exemption for Wind-Powered Energy Systems
• RSA 72:70 · Exemption for Woodheating Energy Systems