action:article | category:NEWS0621 | adString:NEWS0621 | zoneID:52

Home » News » Politics » State Government

March 12. 2014 6:42PM

House votes to form Property Tax Study Committee

CONCORD — The House Wednesday passed to the state Senate a bill that would set up a committee to study the property tax system and its effects on individuals, businesses and communities.

The 201-128 roll-call vote came after the House refused, 189-129, to table the bill.

The Property Tax Study Committee would also evaluate options, “limited exclusively to alternatives for structuring the property tax as listed.”

House Bill 1195 “is not a back-door attempt to implement broad based taxes,” Rep. Kris Roberts, D-Keene, wrote for the majority of the Municipal and County Government Committee, which had recommended passage on a 14-1 vote.

He called it a “pro-active means of enhancing land-use management and tax policy to ensure that businesses not only want to remain in New Hampshire but also seriously consider moving to New Hampshire.”

The panel would also study how property taxes and payment in lieu of taxes should be divided between municipalities. It would report its findings on Nov. 1.

On the House floor, supporters said the committee is needed to study how the property tax can could be adjusted to allow for needed exemptions for certain residents and to promote economic development.


Follow us:
Twitter icon Facebook icon RSS icon
Sorry, no question available

 New Hampshire Business Directory

  

    ADD YOUR BUSINESS TODAY!

 New Hampshire Events Calendar
    

    SHARE EVENTS FOR PUBLICATION, IT'S FREE!

Upcoming Events