SB 363 - AS INTRODUCED
2002 SESSION
10/09
SENATE BILL 363
AN ACT establishing a committee to study economic distortions associated with property taxation.
SPONSORS: Sen. Hollingworth, Dist 23; Sen. Larsen, Dist 15; Sen. Pignatelli, Dist 13; Sen. Cohen, Dist 24; Sen. Below, Dist 5
This bill establishes a committee to study economic distortions associated with property taxation.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02-3105
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Two
AN ACT establishing a committee to study economic distortions associated with property taxation.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Committee Established. There is established a committee to study economic distortions associated with property taxation.
2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) Three members of the senate, appointed by the president of the senate.
(b) Three members of the house of representatives, appointed by the speaker of the house.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
3 Duties. The committee shall study the economic distortions associated with property taxation, including but not limited to the effects of property taxes on property values, land use, commercial development, and smart growth policies.
4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.
5 Report. The committee shall report its findings and any recommendations for proposed legislation to the senate president, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2002.
6 Effective Date. This act shall take effect upon its passage.