This bill proposes an amendment to RSA 72:23, II, which pertains to the tax exemption status of county-owned property. The amendment seeks to exempt county administration buildings from taxation while ensuring that lands and buildings used for farming or agricultural purposes, whether operated by the county or leased to third parties, are subject to taxation. The bill specifies that such lands and buildings leased by the county to third parties for farming or agricultural use shall be taxed in accordance with RSA 72:23, I(b).
The bill introduces changes to the existing law by inserting language that explicitly includes county administration buildings in the list of properties exempt from taxation. It also deletes the previous exception that county farms and their lands, buildings, and taxable personal property shall be taxed. The new legal language clarifies the taxation status of county-owned agricultural lands and buildings, particularly when they are leased to third parties. The act is set to take effect on April 1, 2024.
Statutes affected: Introduced: 72:23