Bill Text: NH HB229 | 2015 | Regular Session | Introduced


Bill Title: Relative to increasing the maximum amount of the optional veterans tax credit.

Spectrum: Partisan Bill (Republican 11-0)

Status: (Introduced - Dead) 2015-11-12 - Committee Report: Inexpedient to Legislate (Vote 13-0; Consent Calendar) [HB229 Detail]

Download: New_Hampshire-2015-HB229-Introduced.html

HB 229 - AS INTRODUCED

2015 SESSION

15-0043

10/08

HOUSE BILL 229

AN ACT relative to increasing the maximum amount of the optional veterans tax credit.

SPONSORS: Rep. Chirichiello, Rock 6; Rep. Notter, Hills 21; Rep. Potucek, Rock 6; Rep. Fromuth, Hills 7; Rep. Leeman, Straf 23; Rep. Martin, Merr 23; Rep. J. Sweeney, Rock 8; Rep. Spillane, Rock 2; Rep. R. Christie, Hills 6; Rep. Rideout, Coos 7; Sen. Carson, Dist 14

COMMITTEE: Municipal and County Government

ANALYSIS

This bill allows towns and cities to adopt an increased amount of the optional veterans’ tax credit against property 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0043

10/08

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT relative to increasing the maximum amount of the optional veterans tax credit.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Property Taxation; Optional Veterans’ Tax Credit. Amend RSA 72:28, II to read as follows:

II. The optional veterans’ tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to [$500] $750. The optional veterans’ tax credit shall replace the standard veterans’ tax credit in its entirety and shall not be in addition thereto.

2 Effective Date. This act shall take effect April 1, 2015.

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