Bill > HB99

This bill modifies the property tax credit for disabled veterans in New Hampshire by increasing the optional tax credit for service-connected total disability from a maximum of $4,000 to $5,000. The bill specifically adds the words "permanent and" before "total disability" and stipulates that this optional tax credit will replace other standard tax credits (specifically those referenced in RSA 72:28, 72:28-b, 72:28-c, and 72:36-a) rather than being an additional credit. Municipalities must still adopt this credit through a local process as outlined in RSA 72:27-a, meaning individual cities and towns have the discretion to implement this enhanced tax credit for disabled veterans. The bill will become effective 60 days after its passage, providing a short transition period for local governments to adjust their tax policies. This change aims to provide greater financial relief for veterans with service-connected permanent and total disabilities by offering a more substantial property tax exemption.

Government Affairs

https://gc.nh.gov/bill_status/legacy/bs2016/bill_docket.aspx?lsr=0136&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB99