Bill > HB1567

This bill modifies how telecommunications infrastructure is valued for tax assessment purposes by adding a new method for calculating the value of public rights-of-way usage. Specifically, the bill requires that in addition to the existing valuation method (which uses Replacement Cost New minus depreciation), municipalities must now calculate an additional value based on the average per-acre land value of adjacent properties. This calculation is done by multiplying the average per-acre land value by the total length of class I, II, IV, and V roads (as determined by the department of transportation), and then dividing that figure by 43,560 (the number of square feet in an acre). The bill applies to wooden poles and conduits used for telecommunications services, including telephone utilities, Voice over Internet Protocol (VoIP) services, and commercial mobile radio services. The Department of Revenue Administration is required to provide municipalities with a schedule of telecommunications infrastructure replacement costs annually, using a 5-year rolling average of national published standard cost data guides. The new valuation method will take effect 60 days after the bill's passage, giving municipalities time to implement the new assessment approach.

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https://gc.nh.gov/bill_Status/billinfo.aspx?id=1673&inflect=2