Bill Text: NH SB503 | 2018 | Regular Session | Enrolled
Bill Title: Relative to increasing the maximum amount of the optional veterans' tax credit.
Spectrum: Bipartisan Bill
Status: (Passed) 2018-06-04 - Signed by the Governor on 05/30/2018; Chapter 0148; Effective 04/01/2018 [SB503 Detail]
Download: New_Hampshire-2018-SB503-Enrolled.html
SB 503 - VERSION ADOPTED BY BOTH BODIES
02/22/2018 0793s
2018 SESSION
18-2815
10/05
SENATE BILL 503
AN ACT relative to increasing the maximum amount of the optional veterans' tax credit.
SPONSORS: Sen. Gannon, Dist 23; Sen. Bradley, Dist 3; Sen. Feltes, Dist 15; Sen. Innis, Dist 24; Sen. Hennessey, Dist 5; Sen. Kahn, Dist 10; Sen. Lasky, Dist 13; Sen. Sanborn, Dist 9; Sen. Watters, Dist 4; Sen. Cavanaugh, Dist 16; Sen. French, Dist 7; Sen. Fuller Clark, Dist 21; Sen. Giuda, Dist 2; Sen. Ward, Dist 8; Rep. McConnell, Ches. 12; Rep. V. Sullivan, Hills. 16; Rep. Burton, Straf. 6
COMMITTEE: Public and Municipal Affairs
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AMENDED ANALYSIS
This bill allows towns and cities to adopt an increase of the optional veterans’ tax credit against property taxes up to $750.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02/22/2018 0793s 18-2815
10/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
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.