This bill allows charitable organizations to request a property tax exemption for the 2024 tax year if they can demonstrate to the selectmen that they were unable to file their statement of financial condition by the June 1, 2024 deadline due to accident, mistake, or misfortune. The bill stipulates that if a request for exemption is denied, the organization has the right to appeal the decision to the board of tax and land appeals or the superior court.

The legal language in the bill includes the insertion of provisions that grant retroactive property tax exemptions to qualified charitable organizations that missed the filing deadline due to specified circumstances. The bill modifies current law by allowing these organizations to be exempt under RSA 72:23 for the tax year ending March 31, 2025, despite the late filing, and it also includes a provision for the appeal process under RSA 72:34-a. The act is set to take effect upon its passage, which is noted as May 14, 2025.