Bill Text: NH SB224 | 2025 | Regular Session | Introduced
Bill Title: Relative to increasing the maximum amount of the optional veterans' tax credit.
Spectrum: Slight Partisan Bill (Republican 11-6)
Status: (Introduced) 2025-01-23 - Introduced 01/09/2025 and Referred to Election Law and Municipal Affairs; Senate Journal 3 [SB224 Detail]
Download: New_Hampshire-2025-SB224-Introduced.html
SB 224 - AS INTRODUCED
2025 SESSION
25-0236
05/06
SENATE BILL 224
AN ACT relative to increasing the maximum amount of the optional veterans' tax credit.
SPONSORS: Sen. Gannon, Dist 23; Sen. Prentiss, Dist 5; Sen. Rochefort, Dist 1; Sen. Avard, Dist 12; Sen. Lang, Dist 2; Sen. Altschiller, Dist 24; Sen. Long, Dist 20; Sen. Abbas, Dist 22; Sen. Pearl, Dist 17; Sen. Sullivan, Dist 18; Sen. Fenton, Dist 10; Sen. Watters, Dist 4; Sen. Perkins Kwoka, Dist 21; Rep. Weyler, Rock. 14; Rep. S. Minor, Belk. 5; Rep. Litchfield, Rock. 32; Rep. Porcelli, Rock. 19
COMMITTEE: Election Law and Municipal Affairs
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ANALYSIS
This bill allows towns and cities to adopt an increase of the optional veterans’ tax credit against property taxes up to $1000.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0236
05/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
AN ACT relative to increasing the maximum amount of the optional veterans' tax credit.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Property Taxation; Optional Veterans’ Tax Credit. Amend RSA 72:28, II to read as follows:
II. The optional veterans' tax credit, upon adoption by a city or town pursuant to RSA 72:27-a, shall be an amount from $51 up to [$750] $1000. The optional veterans' tax credit shall replace the standard veterans' tax credit in its entirety and shall not be in addition thereto.
