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NH SB217

NH SB217
Relative to public notice of historic tax rates and tax impacts of proposed projects.


summary

Introduced
01/23/2025
In Committee
04/30/2025
Crossed Over
03/28/2025
Passed
Dead
05/08/2025

Introduced Session

2025 Regular Session

Bill Summary

This bill requires cities and towns to provide public notice of historical tax rates and proposed building projects.

AI Summary

This bill requires cities and towns in New Hampshire to provide more transparent financial information to their residents by mandating two key public disclosures. First, municipalities must post a detailed taxation graph on their official website and social media pages that shows tax rates over the past 10 years, breaking down changes in county, local education, state education, town, and precinct taxes. Second, cities and towns must publish a summary of all proposed taxpayer-funded building projects (such as new buildings, schools, parks, and libraries) on their front webpage and social media platforms, including a specific tax impact statement that clearly explains how each project would affect residents' taxes (expressed as the estimated tax increase per $1,000 of property valuation). The goal of these requirements appears to be increasing government financial transparency and helping residents better understand how local tax rates and proposed projects might affect their personal finances. The bill will take effect 60 days after its passage, giving municipalities time to prepare and implement these new public notice requirements.

Committee Categories

Government Affairs

Sponsors (8)

Last Action

Inexpedient to Legislate: Motion Adopted Voice Vote 05/08/2025 House Journal 14 P. 13 (on 05/08/2025)

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