This bill mandates that cities and towns provide a detailed breakdown of tax changes and additional information on tax bills sent to residents. Specifically, it amends RSA 76:11-a, I by inserting new provisions that require tax bills to display separate rates for municipal, local education, state education, and county taxes, as well as the assessed valuation of properties. Furthermore, the bill stipulates that tax bills must include a notation that outlines the tax calculation and the effective year-over-year rate changes for county, local education, state education, town, and precinct taxes.

The bill also includes a deletion of existing language that may not align with the new requirements. It is set to take effect on January 1, 2026, and is projected to have a minimal fiscal impact of less than $10,000 for each fiscal year from 2025 to 2028. The New Hampshire Municipal Association has been contacted regarding the implications of this legislation.

Statutes affected:
Introduced: 76:11-a