Bill > HB426

This bill provides a one-time opportunity for charitable organizations to obtain a property tax exemption for the 2024 tax year if they missed the original filing deadline due to extenuating circumstances. Specifically, if a charitable organization was unable to submit their statement of financial condition before June 1, 2024, because of an accident, mistake, or misfortune, they can still request the property tax exemption retroactively for the tax year ending March 31, 2025. The organization must demonstrate these circumstances to the local selectmen, who will review the request. If the selectmen deny the exemption, the charitable organization retains the right to appeal the decision through either the board of tax and land appeals or the superior court. This bill offers a compassionate approach to help charitable organizations that may have inadvertently missed a critical administrative deadline, ensuring they are not unduly penalized for unintentional errors.

Government Affairs

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0641&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB426