HB 1686 (2024)
Send surplus education property tax in wealthy towns to state for redistribution
Summary:
Requires that all of the proceeds from the statewide education property tax be spent on the state-defined cost of an adequate education, with any surplus going back to the state for redistribution. This bill also prohibits the Department of Revenue Administration from setting negative local or county tax rates.
Bill Became Law?:
No
Status:
Status Detail:
Tabled in the House
Public Hearing Date:
01/10/2024 02:00 pm
Public Hearing Location:
LOB Room 205-207
House Voting Date:
02/22/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1535&inflect=2
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