New Hampshire HB1659 establishes a property tax exemption for veterans with a 100 percent disability rating.
New Hampshire HB1659 amends the state's property tax laws to provide a homestead property tax credit for veterans with a 100 percent disability rating. The credit, which replaces existing tax credits for veterans, can be adopted by cities or towns and is available to veterans who meet specific criteria, including those with a permanent service-connected disability rating of 100 percent. The exemption applies to the veteran's principal dwelling and surrounding land, up to one acre in incorporated cities or densely settled areas, or 10 acres in other municipalities.
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