Bill Text: NH HB419 | 2017 | Regular Session | Introduced
Bill Title: Relative to real estate leased for a public charter school.
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced - Dead) 2017-11-30 - Died on Table [HB419 Detail]
Download: New_Hampshire-2017-HB419-Introduced.html
HB 419-FN-LOCAL - AS INTRODUCED
2017 SESSION
17-0369
04/10
HOUSE BILL 419-FN-LOCAL
AN ACT relative to real estate leased for a public charter school.
SPONSORS: Rep. Weyler, Rock. 13; Rep. Cordelli, Carr. 4; Rep. Ladd, Graf. 4; Rep. Seidel, Hills. 28; Sen. Reagan, Dist 17; Sen. Avard, Dist 12
COMMITTEE: Municipal and County Government
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ANALYSIS
This bill requires the annual refund of the pro rata share of property taxes paid by a chartered public school pursuant to a lease of property from a non-exempt owner.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0369
04/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT relative to real estate leased for a public charter school.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraph; Property Taxation; Exemption; Chartered Public School Refunds. Amend RSA 72:23 by inserting after paragraph V-a the following new paragraph:
V-b. A chartered public school, established and operating under RSA 194-B and exempt from property taxation under this section, leasing property from an owner which is not exempt from property taxation under this chapter shall be entitled to a refund of the amount of a lease payment attributable to duly assessed personal and real estate taxes paid by the lessor. Such refund shall be made annually by the governing body of the taxing district upon application by the board of trustees of the chartered public school, provided that the chartered public school is liable under the lease for the pro rata share of lessor’s property taxes and the lessor has paid the amount of property taxes due. The refund of the pro rata share of tax paid shall be made to the board of trustees and used for school purposes.
2 Appraisal of Taxable Property. Amend RSA 75:1 to read as follows:
75:1 How Appraised. The selectmen shall appraise open space land pursuant to RSA 79-A:5, open space land with conservation restrictions pursuant to RSA 79-B:3, land with discretionary easements pursuant to RSA 79-C:7, residences on commercial or industrial zoned land pursuant to RSA 75:11, earth and excavations pursuant to RSA 72-B, land classified as land under qualifying farm structures pursuant to RSA 79-F, buildings and land appraised under RSA 79-G as qualifying historic buildings, [qualifying chartered public school property appraised under RSA 79-H,] residential rental property subject to a housing covenant under the low-income housing tax credit program pursuant to RSA 75:1-a, renewable generation facility property subject to a voluntary payment in lieu of taxes agreement under RSA 72:74 as determined under said agreement, telecommunications poles and conduits pursuant to RSA 72:8-c, and all other taxable property at its market value. Market value means the property's full and true value as the same would be appraised in payment of a just debt due from a solvent debtor. The selectmen shall receive and consider all evidence that may be submitted to them relative to the value of property, the value of which cannot be determined by personal examination.
3 Repeal. The following are repealed:
I. RSA 79-H, relative to taxation of certain chartered public school facilities.
II. RSA 74:4, VIII, relative to taxpayer inventory blanks for chartered public schools.
4 Effective Date. This act shall take effect April 1, 2017.
17-0369
1/6/17
HB 419-FN-LOCAL- FISCAL NOTE
as introduced
AN ACT relative to real estate leased for a public charter school.
FISCAL IMPACT: [ ] State [ ] County [ X ] Local [ ] None
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| Estimated Increase / (Decrease) | |||
LOCAL: | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
Revenue | $0 | $0 | $0 | $0 |
Expenditures | Indeterminable Increase | Indeterminable Increase | Indeterminable Increase | Indeterminable Increase |
METHODOLOGY:
This bill would allow for an annual refund of the pro-rata share of property taxes paid by a chartered public school pursuant to a lease of property from a non-exempt owner. This bill may have a small indeterminable redistribution of property tax burden within certain municipalities and also may increase local expenditures to the extent municipalities that have qualifying charter schools may incur administration expenses to process refunds.
AGENCIES CONTACTED:
Department of Education and Department of Revenue Administration
