Bill Text: NH HB1258 | 2024 | Regular Session | Introduced
Bill Title: Relative to a waiver from property taxes for disabled veterans.
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: (Introduced) 2024-02-22 - Inexpedient to Legislate: Motion Adopted Voice Vote 02/22/2024 House Journal 6 [HB1258 Detail]
Download: New_Hampshire-2024-HB1258-Introduced.html
HB 1258-LOCAL - AS INTRODUCED
2024 SESSION
24-2254
11/08
HOUSE BILL 1258-LOCAL
AN ACT relative to a waiver from property taxes for disabled veterans.
SPONSORS: Rep. Moffett, Merr. 4; Rep. Edwards, Rock. 31; Rep. Roy, Rock. 31; Rep. Massimilla, Graf. 1; Rep. Seidel, Hills. 29; Sen. Pearl, Dist 17
COMMITTEE: Municipal and County Government
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ANALYSIS
This bill increases the range of the optional tax credit for service-connected total disability.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2254
11/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to a waiver from property taxes for disabled veterans.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Disabled Veteran Tax Credit. Amend RSA RSA 72:35, I-a to read as follows:
I-a. The optional tax credit for service-connected total disability, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $701 up to [$4,000] 100 percent of the property tax. The optional tax credit for service-connected total disability shall replace the standard tax credit in its entirety and shall not be in addition thereto.
2 Effective Date. This act shall take effect 60 days after its passage.
