Bill
Bill > SB311
NH SB311
Relative to property tax offset for the town of Hampstead and making an appropriation therefor.
summary
Introduced
12/08/2023
12/08/2023
In Committee
05/15/2024
05/15/2024
Crossed Over
02/29/2024
02/29/2024
Passed
07/23/2024
07/23/2024
Dead
Signed/Enacted/Adopted
07/30/2024
07/30/2024
Introduced Session
2024 Regular Session
Bill Summary
This bill makes an appropriation to the department of health and human services and the town of Hampstead to offset the reduction in tax revenue from the state's acquisition of Hampstead hospital.
AI Summary
This bill appropriates $154,000 in general funds for the fiscal year ending June 30, 2025 to the Department of Health and Human Services (DHHS). The department shall distribute $191,166 in that fiscal year to the town of Hampstead to offset impacts to the town's property tax base resulting from the state's acquisition of the Hampstead hospital. The remaining $37,166 required for the $191,166 total payment to Hampstead will need to be allocated from DHHS's existing appropriations. The bill takes effect on July 1, 2024.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Law Without Signature 07/27/2024; Chapter 0316; Effective 07/01/2024; Art 44, Pt II, NH Constitution (on 07/30/2024)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...