HB1786: relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and making appropriations therefor.

Related law links

RSA references from bill data

• 12-O:45 · add · effective 2027-01-01

  ng programs described in this chapter. 21-W:5 Workforce Development. I. The sum of $15,000,000 is hereby appropriated to the state workforce innovation fund established in RSA 12-O:45 for the following purposes: (a) $2,500,000 to expand building trades training at regional career and technical centers and community colleges. (b) $2,500,000 to support apprenticeship programs within building trad

• 12-O:72 · add · effective 2027-01-01

  that have not already applied to be designated as housing champions: (a) Shall immediately qualify for a grant under the housing planning regulation grant program established in RSA 12-O:72 to assist with their application. Priority shall be given to communities that, within the past 3 years, have adopted a land use regulation that scores on the housing champions scoring matrix. (b) The criteria for hous

• 12-O:72-A · add · effective 2027-01-01

  The sum of $1,250,000 for the fiscal year ending June 30, 2027, and the sum of $2,500,000 annually thereafter, to be allocated to the partners in housing program established under RSA 12-O:72-a. (e) The sum of $1,250,000 for the fiscal year ending June 30, 2027, and the sum of $2,500,000 annually thereafter, to be allocated to the housing production municipal grant program established under RSA 12-O:73. (f)

• 12-O:73 · reference · effective 2027-01-01

  sors. 21-W:6 Housing Champion Incentives. I. Municipalities designated as housing champions shall be eligible for: (a) Housing production and infrastructure grants under RSA 12-O:73. (b) Property tax assessment holidays under RSA 79-A. (c) Expedited state approvals and priority for projects requiring state approvals. (d) Additional funding if they collaborate with other neighboring housing cha

• 204-C:57 · add · effective 2027-01-01

  ) The sum of $7,500,000 for the fiscal year ending June 30, 2027, and the sum of $14,500,000 annually thereafter, to be allocated to the affordable housing fund established under RSA 204-C:57. (b) The sum of $2,500,000 for the fiscal year ending June 30, 2027, and the sum of $5,000,000 annually thereafter, to be allocated to the housing infrastructure municipal grant program established under RSA 12-O:73.

• 21-W:7 · amend · effective 2027-01-01

  rer; Special Funds. Amend RSA 6:12, I(b) by inserting after subparagraph (410) the following new subparagraphs: (411) The municipal demolition grant program fund established in RSA 21-W:7. (412) The regional planning commission housing assessment support fund established in RSA 21-W:8. 5 New Subdivision; Non-Homestead Property Assessment. Amend RSA 76 by inserting after section 21 the following new s

• 21-W:8 · amend · effective 2027-01-01

  bparagraphs: (411) The municipal demolition grant program fund established in RSA 21-W:7. (412) The regional planning commission housing assessment support fund established in RSA 21-W:8. 5 New Subdivision; Non-Homestead Property Assessment. Amend RSA 76 by inserting after section 21 the following new subdivision: Non-Homestead Property Assessment 76:22 Non-Homestead Property Assessment. I. A

• 541-A · related · effective 2027-01-01

  rtment of business and economic affairs and used to provide grants to municipalities for the demolition of vacant or dilapidated buildings. The department shall adopt rules under RSA 541-A relative to eligibility, application procedures, and reporting requirements. The fund shall be nonlapsing and shall be continually appropriated to the department for the purposes of this section. 21-W:8 Regional Pl

• 6:12 · amend · effective 2027-01-01

  The fund shall be nonlapsing and shall be continually appropriated to the department for the purposes of this section. 4 New Paragraphs; State Treasurer; Special Funds. Amend RSA 6:12, I(b) by inserting after subparagraph (410) the following new subparagraphs: (411) The municipal demolition grant program fund established in RSA 21-W:7. (412) The regional planning commission housing assessment sup

• 76 · amend · effective 2027-01-01

  d in RSA 21-W:7. (412) The regional planning commission housing assessment support fund established in RSA 21-W:8. 5 New Subdivision; Non-Homestead Property Assessment. Amend RSA 76 by inserting after section 21 the following new subdivision: Non-Homestead Property Assessment 76:22 Non-Homestead Property Assessment. I. A non-homestead property assessment is hereby established on residentia

• 76:22 · add · effective 2027-01-01

  nterprise tax, or insurance premium tax. IV. To offset the revenue reduction, equivalent amounts shall be transferred from the luxury second home state assessment established in RSA 76:22. 21-W:4 Luxury Second Home State Assessment. The luxury second home state assessment established in RSA 76:22 shall be used to fund the housing programs described in this chapter. 21-W:5 Workforce Development.

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

  ipalities designated as housing champions shall be eligible for: (a) Housing production and infrastructure grants under RSA 12-O:73. (b) Property tax assessment holidays under RSA 79-A. (c) Expedited state approvals and priority for projects requiring state approvals. (d) Additional funding if they collaborate with other neighboring housing champion designated communities on housing and/or infrast

RSAs mentioned by this document

• RSA 12-O · DEPARTMENT OF BUSINESS AND ECONOMIC AFFAIRS
• RSA 6 · STATE TREASURER AND STATE ACCOUNTS
• RSA 76 · APPORTIONMENT, ASSESSMENT AND ABATEMENT OF TAXES
• RSA 79-A · CURRENT USE TAXATION
• RSA 204-C · HOUSING FINANCE AUTHORITY
• RSA 541-A · ADMINISTRATIVE PROCEDURE ACT
• RSA 12-O:45 · State Workforce Innovation Fund
• RSA 12-O:72 · Housing Planning and Regulation Municipal Grant Program
• RSA 12-O:73 · Champion Benefits
• RSA 204-C:57 · Fund Established
• RSA 6:12 · Application of Receipts