SB 474-LOCAL - AS INTRODUCED
2004 SESSION
04/10
SENATE BILL 474-LOCAL
AN ACT exempting property owned by a private secondary or postsecondary educational institution from the education property tax.
SPONSORS: Sen. Clegg, Dist 14; Sen. O'Hearn, Dist 12; Rep. Hunt, Ches 28
This bill exempts the real and personal property of private secondary and postsecondary educational institutions from the education property tax.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
04-3188
04/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Four
AN ACT exempting property owned by a private secondary or postsecondary educational institution from the education property tax.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Exemption from Education Property Tax. Amend RSA 76 by inserting after section 3 the following new section:
76:3-a Exemption. Any real or personal property of a school, college, academy, or university taxable under RSA 72:24, IV shall be exempt from taxation under RSA 76:3.
2 Effective Date. This act shall take effect July 1, 2005.