Ch 134 - Taxation

Ch 134 - Taxation

Article I - Senior citizens Tax Exemption

[Article 3, adopted 3-9-82 by the Annual Town Meeting, reads as follows:

"To see whether or not the Town will vote to adopt the provisions of RSA 72: 43f for the adjusted elderly exemptions from property tax. (These statutes provide for the following exemptions, based on assessed value, for qualified taxpayers: for a person 65 years of age up to 75 years, $10,000; for a person 75 years of age up to 80 years, $15,000; for a person 80 years of age or older, $20,000.

To qualify, the person must have been a New Hampshire resident for at least 5 years; own the real estate individually or jointly, or if the real estate is owned by his spouse, they must have been married for at least 5 years. In addition, the taxpayer must have a new income of less than $10,000, or if married a combined net income of less than $12,000, and own net assets of $30,000 or less, excluding the value of the person's residence)" Article 60, adopted 3-14-89 by the Annual Town Meeting, reads as follows: "To see if the Town will vote to adopt optional adjusted elderly exemptions from property tax. The optional exemptions, based on assessed value, for qualified taxpayers shall be as follows: for a person 65 years of age up to 75 years, $25,000.00; for a person 75 years of age up to 80 years, $40,000.00; for a person 80 years of age or older, $50,000.00. To qualify, the person must have been a New Hampshire resident for at least 5 years; own the real estate individually or jointly, or if the real estate is owned by his spouse, they must have been married for at least 5 years. In addition, the taxpayer must have a net income of less than $10,000 or, if married, a combined net income of less than $12,000; and own new assets of $45,000.00 excluding the value of the person's residence."]

Article II - Election not to Collect Resident Taxes

[Article 43, adopted 3-11-87 by the Annual Town Meeting, reads as follows:

"To see if the Town will vote to adopt the provisions of RSA 72:1-c which authorizes any town or city to elect not to assess, levy and collect a resident tax."]

Article III - prepayment of property Taxes

[Article 30, adopted 3-10-82 by the Annual Town Meeting, reads as follows:

"Are you in favor to authorizing the Tax Collector to accept prepayment of property taxes prior to issuance of the Tax Warrant, such payments not to be received before April 1st of any given year, in accordance with New Hampshire Revised statutes Annotated 80:52a."]

Article IV - Semiannual Tax Billing

[A motion enacted by the Board of Selectmen 11-3-82 adopted semiannual tax billing

"effective with the first payment due July 1, 1983."]

Article V - Exemption for the Blind

[Article 21, adopted 3-11-86 by the Annual Town Meeting, reads as follows:

"To see if the Town will vote to adopt the provisions of RSA 72:37 for the exemption for the blind from property tax. This statute provides that every inhabitant who is legally blind shall be exempt each year from the property tax on a residence to the value of $25,000 (as amended by Article 17, adopted 3-9-93 by the Annual Town Meeting) ."]

Article VI - Optional Veteran's Exemption

[Article 24, adopted 3-13-1990 by the Annual Town Meeting, reads as follows:

"To see if the Town will vote to adopt the provisions of RSA 72:28, V & VI, for an optional veteran's exemption and an expanded qualifying war service for veterans seeking the exemption. The optional veteran's exemption is $100 rather than $50. To be acted on by ballot of the Town."]

Article VII - Exemption for Service-Connected Disability

[Article 25, adopted 3-13-1990 by the Annual Town Meeting, reads as follows:

"To see if the Town will vote to adopt the provisions of RSA 73: 35, IV, for an optional property tax exemption on residential property for a service-connected total disability. The optional disability exemption is $1400 rather than $700. To be acted on by ballot of the Town."]