CHAPTER 316
SB 311-FN-A-LOCAL - FINAL VERSION
23May2024... 1867h
2024 SESSION
24-2923
05/10
SENATE BILL 311-FN-A-LOCAL
AN ACT relative to property tax offset for the town of Hampstead and making an appropriation therefor.
SPONSORS: Sen. Birdsell, Dist 19; Rep. Guthrie, Rock. 15; Rep. L. Walsh, Rock. 15; Rep. M. Pearson, Rock. 34
COMMITTEE: Finance
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ANALYSIS
This bill makes an appropriation to the department of health and human services and the town of Hampstead to offset the reduction in tax revenue from the state's acquisition of Hampstead hospital.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
23May2024... 1867h 24-2923
05/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to property tax offset for the town of Hampstead and making an appropriation therefor.
Be it Enacted by the Senate and House of Representatives in General Court convened:
316:1 Department of Health and Human Services; Hampstead Hospital; Property Tax Offset. The department of health and human services is hereby appropriated $154,000 in general funds for the fiscal year ending June 30, 2025. From this amount and amounts appropriated in the state operating budget account 05-95-98-980010-2648, the department shall distribute $191,166 in the fiscal year ending June 30, 2025 to the town of Hampstead, to offset impacts to the town’s property tax base resulting from the state’s acquisition of the Hampstead hospital. Of this amount, the governor shall first determine if any discretionary funds appropriated in the American Rescue Plan Act of 2021, Public Law 117-2 or any other federal funds can be used for this purpose, and any remainder shall be general funds. The governor is authorized to draw a warrant for the general fund share of such amount out of any money in the treasury not otherwise appropriated.
316:2 Effective Date. This act shall take effect on July 1, 2024.
Approved: July 27, 2024
Effective Date: July 01, 2024
Enacted in accordance with Article 44, Part II of the N.H. Constitution, without the signature of the governor July 27, 2024