This bill reestablishes the commission to study the assessing of power generation, which involves determining the most accurate methodology for assessing power generation assets, comparing different assessment approaches, understanding how other states handle such assessments, and creating recommendations for a market-based commercial property assessment. The commission will consist of members from the House of Representatives, the Senate, the Assessing Standards Board, the Department of Revenue Administration, the New Hampshire Municipal Association, the New England Power Generators Association, the New Hampshire Association of Assessing Officials, the Granite State Hydropower Association, and one public member appointed by the governor. The commission is tasked with reporting its findings and recommendations by November 1, 2024.

The bill specifies the composition of the commission, the process for electing a chairperson, and the timeline for the first meeting and the reporting of findings. It also includes the effective dates for different sections of the act: Section 2, which repeals RSA 72:8-f related to the study commission, will take effect on November 1, 2024, while the remainder of the act will take effect on August 2, 2024. There are no insertions or deletions marked within the provided text, indicating that the bill is focused on reestablishing the commission rather than amending existing legal language.

Statutes affected:
As Amended by the House: 72:8-f
As Amended by the Senate: 72:8-f
Version adopted by both bodies: 72:8-f
CHAPTERED FINAL VERSION: 72:8-f