CHAPTER 13
HB 113-LOCAL - FINAL VERSION
2001 SESSION
08/10
HOUSE BILL 113-LOCAL
AN ACT relative to the Nute high school and library trustees.
SPONSORS: Rep. Brundige, Hills 18; Rep. N. Johnson, Straf 5; Rep. Patten, Carr 9; Sen. Johnson, Dist 3
COMMITTEE: Municipal and County Government
This bill removes the cap on the total value of assets that the Nute high school and library trustees may hold and be exempt from taxation.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01-0159
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT relative to the Nute high school and library trustees.
Be it Enacted by the Senate and House of Representatives in General Court convened:
13:1 Trustees of the Nute High School and Library; Authority to Receive and Hold Assets; Tax Exemption. Amend 1889, Chapter 250, Section 4 to read as follows:
SECT. 4. The corporation is charged with the duty of erecting school and library buildings as set forth in the will of said Lewis W. Nute, and the establishment and support of a high school and library, to be forever free to the inhabitants of the town of Milton; they may also receive, by gift, devise, or otherwise, other property for the purpose of said school and library, and hold the same free from taxation[, to the amount of three hundred and fifty thousand dollars].
13:2 Effective Date. This act shall take effect upon its passage.
(Approved: April 24, 2001)
(Effective Date: April 24, 2001)