HB734-FN: relative to the state education property tax and the low- and moderate-income homeowners property tax relief program.

Related law links

RSA references from bill data

• 198:39 · amend

  at the information in the above statement shall be considered a minimum. 4 Education; Adequate Education; Education Trust Fund; Education Trust Fund Created and Invested. Amend RSA 198:39, II(k) to read as follows: (k) The full amount of education property tax payments from the department of revenue administration pursuant to RSA 76:8, II. (l) Any other moneys appropriated from the general fund. 5

• 198:57 · reference

  of tax relief for which the taxpayer has the right to apply. The statement shall explicitly list the low- and moderate-income homeowners property tax relief program specified by RSA 198:57 and shall include information on how to apply for the program. The following statement shall be considered adequate: "If you are elderly, disabled, blind, a veteran, or veteran's spouse, or are unable to pay taxes due

• 76:11 · reference

  raph (a) or (b) by the sum of the following: [the education tax rate as shown on the tax bill under RSA 76:11-a;] (1) The local education tax rate as shown on the tax bill under RSA 76:11; and (2) The state education tax rate as shown on the tax bill under RSA 76:11. (d) Multiply the product of the calculation in subparagraph (c) by the following percentage as applicable to determine the amount of ta

• 76:11-A · amend

  may be prescribed for other taxes assessed by such selectmen or assessors of the municipality. 3 Taxation; Apportionment, Assessment and Abatement of Taxes; Information. Amend RSA 76:11-a, II to read as follows: II. The tax bill shall also contain a statement informing the taxpayer of the types of tax relief for which the taxpayer has the right to apply. The statement shall explicitly list the low- an

• 76:1-A · reference

  t is a person who: (a) Owns a homestead or interest in a homestead subject to the education tax; (b) Resided in such homestead on the date of the final tax bill, as defined in RSA 76:1-a, for the year [on April 1 of the year] for which the claim is made, except such persons as are on active duty in the United States armed forces or are temporarily away from such homestead but maintain the homestead as a

• 76:3 · amend

  m. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 Taxation; Apportionment, Assessment and Abatement of Taxes; Education Tax. Amend RSA 76:3 to read as follows: 76:3 Education Tax. I. Beginning July 1, 2025 [2005], and every fiscal year thereafter, the commissioner of the department of revenue administration shall set the education tax rate at a level suff

• 76:8 · reference

  t of revenue administration shall set the education tax rate at a level sufficient to generate revenue of $363,000,000 when imposed on all persons and property taxable pursuant to RSA 76:8, except property subject to tax under RSA 82 and RSA 83-F. The education property tax rate shall be effective for the following fiscal year. The rate shall be set to the nearest 1/2 cent necessary to generate the revenu

• 82 · reference

  tion tax rate at a level sufficient to generate revenue of $363,000,000 when imposed on all persons and property taxable pursuant to RSA 76:8, except property subject to tax under RSA 82 and RSA 83-F. The education property tax rate shall be effective for the following fiscal year. The rate shall be set to the nearest 1/2 cent necessary to generate the revenue required in this section. II. The amount

• 83-F · reference

  te at a level sufficient to generate revenue of $363,000,000 when imposed on all persons and property taxable pursuant to RSA 76:8, except property subject to tax under RSA 82 and RSA 83-F. The education property tax rate shall be effective for the following fiscal year. The rate shall be set to the nearest 1/2 cent necessary to generate the revenue required in this section. II. The amount of $363,000,0

RSAs mentioned by this document

• RSA 76 · APPORTIONMENT, ASSESSMENT AND ABATEMENT OF TAXES
• RSA 82 · TAXATION OF RAILROADS
• RSA 83-F · UTILITY PROPERTY TAX
• RSA 198 · SCHOOL MONEY
• RSA 198:39 · Education Trust Fund Created and Invested
• RSA 198:57 · Low and Moderate Income Homeowners Property Tax Relief
• RSA 76:11 · Delivery of List; Notice to Taxpayer; Other Bills
• RSA 76:3 · Education Tax
• RSA 76:8 · Commissioner's Warrant