CHAPTER 234
HB 320-FN - FINAL VERSION
03may01...0923h
6/7/01...1523s
6/7/01...1555s
6/7/01...1644s
6/7/01...1648s
26june01...1709CofC
2001 SESSION
03/10
HOUSE BILL 320-FN
AN ACT relative to leasing certain portions of railroad properties and relative to the definition and taxation of amusement railroads.
SPONSORS: Rep. Leber, Merr 1; Rep. Guay, Coos 6; Rep. C. Bouchard, Merr 22; Rep. Shultis, Rock 33; Rep. Whittemore, Merr 13
This bill increases the cost of leases of certain railroad property from $5 to $25 per running foot per year. This bill also defines amusement railroads and provides for their 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03may01...0923h
6/7/01...1523s
6/7/01...1555s
6/7/01...1644s
6/7/01...1648s
26june01...1709CofC
01-0508
03/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand One
AN ACT relative to leasing certain portions of railroad properties and relative to the definition and taxation of amusement railroads.
Be it Enacted by the Senate and House of Representatives in General Court convened:
234:1 Leasing Certain Portions of Railroad Properties; Cost. Amend RSA 228:57-a, IV to read as follows:
IV. The cost of the lease shall be [$5] $25 per running foot per year, paid annually.
234:2 Definition; Amusement Railroad. Amend RSA 82:1 to read as follows:
82:1 Definitions. In this chapter:
I. The word "company" as used in RSA 82:2 shall apply to all persons, co-partnerships or associations.
II. The term "express corporation or company" shall be construed to mean any corporation or company engaged in the business of transporting property as express over the lines of railroads.
III. The term "amusement railroad" means a railroad operating as a tourist, scenic, or historic operation, which provides train rides solely for one or more such purposes.
234:3 New Section; Amusement Railroads. Amend RSA 82 by inserting after section 25 the following new section:
82:25-a Amusement Railroads. The property of amusement railroads shall be appraised and taxed pursuant to the provisions of RSA 72, and shall not be subject to the provisions of this chapter.
234:4 Effective Date. This act shall take effect 60 days after its passage.
(Approved: July 13, 2001)
(Effective Date: September 11, 2001)