This bill aims to clarify and expand property tax exemptions for lots and buildings used for religious, educational, and charitable purposes. It repeals and reenacts sections of RSA 72:23, specifically removing the restrictive language that limited tax exemptions to lands "appertaining" to and "directly" used for these purposes. The new legal language specifies that the entire lot and building associated with religious, educational, or charitable activities shall be exempt from property taxes, thereby eliminating ambiguity and reducing the need for costly legal defenses by exempt entities.

The bill also addresses the inconsistencies in how towns apply these exemptions, which have led to confusion and disputes over what constitutes "direct" use of property. By clarifying that the entire property associated with exempt activities is tax-exempt, the bill aims to streamline the process for both exempt organizations and municipalities, allowing funds to be redirected towards their intended purposes rather than legal battles over property tax exemptions. The effective date of the act is upon its passage.