New Hampshire HB1787 modifies the statewide education property tax rate and establishes a committee to study the low- and moderate-income homeowners.
New Hampshire HB1787 modifies the statewide education property tax by setting the tax rate to generate a specific revenue amount, adjusted annually for inflation. The bill also mandates that the commissioner of the department of revenue administration reduce proportionally the amount of each taxpayer’s tax relief check when necessary to conform to a $30,000,000 limit for that fiscal year.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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