HB 1127 - AS INTRODUCED

2003 SESSION

03-2309

10/09

HOUSE BILL 1127

AN ACT relative to consideration of road improvements in property appraisals.

SPONSORS: Rep. Gilman, Graf 9

COMMITTEE: Municipal and County Government

ANALYSIS

This bill requires tax assessors to consider road improvements in the determination of property value for purposes of assessing property taxes.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03-2309

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

AN ACT relative to consideration of road improvements in property appraisals.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Appraisal of Taxable Property; Road Improvements. Amend RSA 75 by inserting after section 1 the following new section:

75:1-a Road Improvements. The determination of market value under RSA 75:1 shall include consideration of road improvements for a property's full and true value.

2 Effective Date. This act shall take effect 60 days after its passage.