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 the selectmen deny the exemption request, the organization has the right to appeal the decision to the board of tax and land appeals or the superior court.

The legal language inserted into current law includes provisions that enable the retroactive granting of property tax exemptions for the tax year ending March 31, 2025, for organizations that meet the specified criteria. The bill also modifies existing law by allowing for appeals under RSA 72:34-a if the exemption request is denied. The act is set to take effect upon its passage, which is noted as May 14, 2025.