HB 66 – AS INTRODUCED

2011 SESSION

11-0047

09/10

HOUSE BILL 66

AN ACT relative to assessment of the land use change tax on cluster or condominium developments.

SPONSORS: Rep. Drisko, Hills 5; Rep. J. Belanger, Hills 5

COMMITTEE: Municipal and County Government

ANALYSIS

This bill authorizes municipalities to use the methodology for assessing the land use change tax owed on cluster or condominium developments which became effective July 1, 2009, under 2009, 84 (HB 424-FN-A), to redetermine land use change taxes assessed on cluster or condominium developments between September 20, 2007 and June 30, 2009.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

11-0047

09/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT relative to assessment of the land use change tax on cluster or condominium developments.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Cluster or Condominium Developments; Land Use Change Taxes Assessed Between September 20, 2007 and June 30, 2009. If a municipality determined that an entire cluster or condominium subdivision was no longer eligible for current use assessment status based on activities occurring during the period between September 20, 2007 and June 30, 2009 and, accordingly, assessed a land use change tax on all lots/units in such subdivision, this section shall entitle the municipality to reinstate such subdivision, to the extent then eligible, to former current use assessment status, and any lien placed on the property may be removed from the record without prejudice to reimposition for non-payment of properly assessed taxes in the future. This section shall not be construed to obligate any municipality to reinstate such property or to make any such arrangement or agreement.

2 Effective Date. This act shall take effect upon its passage.