Rev 400, Property Tax Credit, Exemptions, Deferrals

Rev 400 is being readopted in its entirety with amendments to more clearly interpret the applicability of the property tax credits, exemptions, and deferrals afforded by RSA 72:23-k, 72:28, 72:28-b, 72:29-a, 72:32, 72:35, 72:36-a, 72:37, 72:37-a, 72:37-b, 72:38-a, 72:38-b, 72:39-a, 72:39-b, 72:62, 72:66, and 72:70, as well as the procedures for adopting and/or claiming them, and processing requests for them. The existing rule is being replaced in its entirety with the proposed rule. The existing rule only sets forth the Department’s rules relative to the property tax exemption for charitable, nonprofit housing projects in RSA 72:23-k, the veterans’ property tax credits in RSA 72:28, 72:29-a, 72:32, 72:35, and 72:36-a, and the property tax deferral for elderly and disabled in RSA 72:38-a. The proposed rule also sets forth the Department’s rules relative to the all veterans’ property tax credit in RSA 72:28-b, as well as the property tax exemptions for the blind, for improvements to assist persons with disabilities, for the disabled, for deaf or severely hearing impaired persons, for the elderly, and for solar, wind-powered, and woodheating energy systems, which are in RSA 72:37, 72:37-a, 72:37-b, 72:38-b, 72:39-a, 72:39-b, 72:62, 72:66, and 72:70, respectively. The proposed rule contains other amendments for clarity purposes.