Bill Text: NH HB1590 | 2014 | Regular Session | Amended
Bill Title: Relative to the valuation of the Granite Reliable Power project in Coos county.
Spectrum: Bipartisan Bill
Status: (Passed) 2014-07-03 - Signed by the Governor on 7/02/2014; Chapter 0159; Effective 4/01/2014 [HB1590 Detail]
Download: New_Hampshire-2014-HB1590-Amended.html
HB 1590-LOCAL – AS AMENDED BY THE HOUSE
6Feb2014… 0077h
2014 SESSION
06/10
HOUSE BILL 1590-LOCAL
AN ACT relative to payments in lieu of taxes for renewable generation facilities in unincorporated places.
SPONSORS: Rep. Theberge, Coos 3; Rep. Rappaport, Coos 1; Rep. Rideout, Coos 7; Rep. H. Richardson, Coos 4; Rep. Coulombe, Coos 3; Rep. Thomas, Coos 3; Rep. Enman, Coos 1; Rep. M. Hammon, Coos 5; Sen. Woodburn, Dist 1
COMMITTEE: Science, Technology and Energy
This bill permits owners and lessees of certain renewable generation facilities in unincorporated places to enter into agreements with counties to make a payment in lieu of taxes.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
6Feb2014… 0077h
14-2274
06/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fourteen
AN ACT relative to payments in lieu of taxes for renewable generation facilities in unincorporated places.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraphs; Renewable Generation Facilities; Payment in Lieu of Taxes. Amend RSA 72:74 by inserting after paragraph VII the following new paragraphs:
VIII.(a) The owner of a renewable generation facility located in an unincorporated place, and the governing body of the county in which such unincorporated place is located may, after a duly noticed public hearing, enter into a voluntary agreement to make a payment in lieu of taxes to the county.
(b) A lessee of a renewable generation facility located in an unincorporated place that is responsible for the payment of taxes on the facility and the governing body of the county in which such unincorporated place is located may, after a duly noticed public hearing, enter into a voluntary agreement to make a payment in lieu of taxes to the county, provided that the lessee notify the lessor of the facility by certified mail that the property may be subject to RSA 80 should the lessee fail to make payments required by the agreement. A copy of such notice shall be provided to the county in which the facility is located.
IX. The revenue collected under paragraph VIII from any payment in lieu of taxes shall be deducted from the total county appropriations in the county budget to be funded through taxes prior to the assessment of county taxes under RSA 29:11. The department of revenue administration shall not equalize any value for a renewable energy generation facility in an unincorporated place during the period a voluntary agreement for the payment in lieu of taxes is in force, when setting the final county tax rate.
2 Effective Date. This act shall take effect 60 days after its passage.
