HB 297-FN-LOCAL - AS INTRODUCED
2001 SESSION
04/10
HOUSE BILL 297-FN-LOCAL
AN ACT eliminating excess education property tax payments.
SPONSORS: Rep. Pepino, Hills 40; Rep. Dickinson, Carr 2; Rep. Salts, Hills 41; Rep. Soltani, Merr 10; Sen. Boyce, Dist 4; Sen. Roberge, Dist 9; Sen. Johnson, Dist 3
This bill modifies the formula for calculating state aid for educational adequacy by eliminating the excess education property tax payment provision from the determination of per pupil adequate education costs and adequate education grants made to cities and towns.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
01-0271
04/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT eliminating excess education property tax payments.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Apportionment, Assessment, and Abatement of Taxes; Assessment; Commissioner's Warrant; Excess Education Property Tax Deleted. Amend RSA 76:8, II to read as follows:
II. The commissioner shall issue a warrant under the commissioner's hand and official seal for the amount computed in paragraph I to the selectmen or assessors of each municipality by December 15 directing them to assess such sum and pay it to the municipality for the use of the school district or districts[ and, if there is an excess education tax payment due pursuant to RSA 198:46, directing them to assess the amount of the excess payment and pay it to the department of revenue administration for deposit in the education trust fund]. Such [sums] sum shall be assessed at such times as may be prescribed for other taxes assessed by such selectmen or assessors of the municipality.
2 Repeal. The following are repealed:
I. RSA 198:39, I (g), relative to the deposit of excess education property tax payments into the education trust fund.
II. RSA 198:46, relative to excess education property tax payments.
III. RSA 198:47, relative to forms for reporting and remitting excess education property tax payments.
3 Effective Date. This act shall take effect 60 days after its passage.
LBAO
01-0271
1/23/01
HB 297-FN-LOCAL - FISCAL NOTE
AN ACT eliminating excess education property tax payments.
FISCAL IMPACT:
The Office of Legislative Budget Assistant is unable to complete a fiscal note for this bill as it is awaiting information from an agency.