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HB 426 (2025)

Clarify how 2024 grace period applies to tax-exempt status

This bill became law.

Last updated 2025-12-15 2:34 am
Summary:

Permits a charitable organization to request a property tax exemption for the 2024 tax year if they demonstrate to the selectmen that they were prevented by accident, mistake, or misfortune from filing the statement of financial condition before June 1, 2024. This bill adds clarification to a law passed in 2024 that was intended to establish a grace period for nonprofits seeking tax exempt status.

Bill Sponsor:
John T. MacDonald
Republican party logo
Status:
SIGNED BY GOVERNOR
Status Detail:
Signed by Governor
Public Hearing Date:
04/08/2025 10:15 am
Public Hearing Location:
LOB Room 103
House Voting Date:
03/06/2025
Senate Voting Date:
04/17/2025
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