This bill mandates that municipalities provide a 90-day notice before conducting any annual or 5-year property revaluation for local tax purposes. Specifically, it introduces a new section, RSA 75:8-c, which requires municipalities to notify property owners of changes to assessed valuations at least 90 days prior to the issuance of the final tax bill. The notification must be delivered through various means, including individual notices to property owners, public announcements in local newspapers, postings on the municipality's main website and social media accounts, and notices in designated public locations.

Additionally, the bill amends RSA 75:8-b to specify that municipalities with populations over 10,000 must also provide a 90-day notice of changes to assessed valuations before final tax bills are issued. The previous language allowing for notification "either" through various means has been replaced with a requirement for notification "by" all specified methods, ensuring comprehensive communication with property owners. The bill is set to take effect on July 1, 2026, and is expected to incur indeterminate but potentially significant costs for municipalities due to the increased administrative burden of providing these notifications.

Statutes affected:
Introduced: 75:8-b