Bill > HB425

This bill modifies New Hampshire's property tax exemption rules for religious organizations by allowing them to maintain their tax-exempt status even when renting out certain properties. Specifically, the bill permits religious organizations to rent out church parsonages or worship buildings under two key conditions: first, if they rent to another organization with a similar mission, and second, if they rent only one parsonage or worship building and use any rental income for purposes like compensating religious leaders, maintaining the property, or funding religious programs. The bill defines a "religious organization" broadly to include various types of houses of worship such as churches, synagogues, mosques, shrines, and temples. Importantly, an organization can only claim this exemption once, and the new tax rules will apply to taxable periods ending after December 31, 2025, with the act taking effect on April 1, 2026. This legislation aims to provide financial flexibility for religious organizations while maintaining their tax-exempt status by ensuring that any rental activities align with their core religious purposes.

Government Affairs

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0302&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB425