Bill

Bill > SB492


NH SB492

NH SB492
Authorizing the department of military affairs and veterans services to license and lease property in which the department holds a property interest.


summary

Introduced
11/21/2025
In Committee
01/16/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This bill: I. Authorizes the department of military affairs and veterans services to lease or license property under its jurisdiction. II. Clarifies that when department property is leased or licensed to private entities that are not exempt from taxation, the property is subject to local property taxes as though privately owned. III. Outlines the responsibilities of lessees and licensees to pay taxes, the penalties for nonpayment, and the municipality’s authority to enforce collection through liens and legal action. IV. Establishes a dedicated property fund for the department.

AI Summary

This bill authorizes the Department of Military Affairs and Veterans Services (DMVS) to lease or license property it controls, meaning it can rent out or grant permission for others to use its land and buildings. Importantly, if this property is leased or licensed to private entities that are not exempt from taxes, those entities will be responsible for paying local property taxes as if they owned the property, and the bill outlines how these taxes will be collected, including penalties for non-payment and the municipality's ability to enforce collection through legal means. Additionally, the bill establishes a dedicated "Department of Military Affairs and Veterans Services Property Fund" to hold any money generated from these property transactions, which will be nonlapsing and can be used by the department for various purposes related to its property and operations.

Committee Categories

Government Affairs

Sponsors (13)

Last Action

Ought to Pass with Amendment #2026-0114s, Motion Adopted, Voice Vote; OT3rdg; 01/29/2026; Senate Journal 2 (on 01/29/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...