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 eliminating 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 simplifying the process for both exempt entities and municipalities.

The bill addresses the confusion and legal disputes that have arisen from the previous language, which led to inconsistent interpretations regarding what constitutes "direct" use of property. By establishing that the entire property is exempt, the bill seeks to reduce unnecessary legal costs for exempt entities and municipalities, allowing them to allocate resources more effectively towards their core missions. The effective date of the act is upon its passage.