Section 79-E:9 – Termination of Covenant; Reduction of Tax Relief; Penalty.
79-E:9 Termination of Covenant; Reduction of Tax Relief; Penalty. – I. If the owner fails to maintain or utilize the building according to the terms of the covenant, or fails to restore, rebuild, or demolish the structure following damage or destruction as provided in RSA 79-E:8, III, the governing body shall, after a duly […]
Section 79-E:10 – Lien for Unpaid Taxes.
79-E:10 Lien for Unpaid Taxes. – The real estate of every person shall be held for the taxes levied pursuant to RSA 79-E:9. Source. 2006, 167:1, eff. April 1, 2006.
Section 79-E:11 – Enforcement.
79-E:11 Enforcement. – All taxes levied pursuant to RSA 79-E:9 which are not paid when due shall be collected in the same manner as provided in RSA 80. Source. 2006, 167:1. 2007, 42:3, eff. July 20, 2007.
Section 79-E:12 – Rulemaking.
79-E:12 Rulemaking. – The commissioner of the department of revenue administration may adopt rules, pursuant to RSA 541-A, relative to the payment and collection procedures under RSA 79-E:9. Source. 2006, 167:1, eff. April 1, 2006. 2016, 85:2, eff. July 18, 2016.
Section 79-E:13 – Extent of Tax Relief.
79-E:13 Extent of Tax Relief. – I. (a) Tax relief granted under this chapter shall pertain only to assessment increases attributable to the substantial rehabilitation performed under the conditions approved by the governing body and not to those increases attributable to other factors including but not limited to market forces; or (b) Tax relief […]
Section 79-E:14 – Other Programs.
79-E:14 Other Programs. – The provisions of this chapter shall not apply to properties whose rehabilitation or construction is subsidized by state or federal grants or funds that do not need to be repaid totaling more than 50 percent of construction costs from state or federal programs. Source. 2006, 167:1, eff. April 1, 2006.
Section 79-E:7 – Public Benefit.
79-E:7 Public Benefit. – In order to qualify for tax relief under this chapter, the proposed substantial rehabilitation must provide at least one of the public benefits, and the proposed replacement must provide one or more of the public benefits to a greater degree than would a substantial rehabilitation of the same qualifying structure, […]
Section 79-E:7-a – Public Benefit Determinations.
79-E:7-a Public Benefit Determinations. – Cities or towns may adopt according to the procedure in RSA 79-E:3 provisions that further define the public benefits enumerated in RSA 79-E:7 to assist the governing body in evaluating applications made under this chapter based on local economic conditions, community character, and local planning and development goals. Source. […]
Section 79-E:8 – Covenant to Protect Public Benefit.
79-E:8 Covenant to Protect Public Benefit. – I. Tax relief for the substantial rehabilitation or replacement of a qualifying structure shall be effective only after a property owner grants to the municipality a covenant ensuring that the structure shall be maintained and used in a manner that furthers the public benefits for which the […]
Section 79-E:3 – Adoption of Community Revitalization Tax Relief Incentive Program
79-E:3 Adoption of Community Revitalization Tax Relief Incentive Program – I. Any city or town may adopt or modify the provisions of this chapter by voting whether to accept for consideration or modify requirements for requests for community revitalization tax relief incentives. Any city or town may do so by following the procedures in […]