Bill > HB1659

This bill establishes a new property tax credit for disabled veterans in New Hampshire, specifically targeting those with a 100 percent service-connected disability rating or those deemed permanently and totally disabled due to individual unemployability. The credit would allow eligible veterans to receive a full property tax exemption on their primary residence (up to one acre in a city or 10 acres in other municipalities), which can be transferred to a surviving spouse who remains unmarried or a dependent child receiving veterans' benefits. To qualify, veterans must have acquired their home through specially adapted housing programs, have a 100 percent disability rating certified by the U.S. Department of Veterans Affairs, or be a former member of the national guard or reserves meeting specific service requirements. Importantly, veterans who claim this credit cannot receive other veteran-related property tax exemptions, and they must file initial documentation with local assessing officials, after which the exemption will continue without further annual filing. The bill also includes provisions to protect the privacy of veterans by exempting their records from public disclosure, with exceptions for tax administration and veterans' service officers. The new tax credit will take effect on April 1, 2027, and can be adopted optionally by individual cities and towns in New Hampshire.

Government Affairs

https://gc.nh.gov/bill_Status/billinfo.aspx?id=2124&inflect=2