This bill introduces a new section, RSA 75:8-d, which allows municipalities to adopt a requirement for notifying property owners when their assessed property value changes by more than $1,000. Municipalities can implement this requirement through a majority vote of their legislative body, and they must send a notice to the property owner within 14 calendar days of the assessment change. The notice must include the property owner's information, the municipality's contact details, and instructions for accessing the assessment online if available.

Additionally, if a municipality chooses to adopt this property value notice option, it must place a question on the official ballot at the annual town meeting to allow voters to approve or rescind the requirement. The bill specifies that this question must be presented annually if the option is adopted. The act will take effect 60 days after its passage, and it is noted that there will be no fiscal impact on state, county, or local expenditures or revenue as a result of this bill.

Statutes affected:
Introduced: 75:8
HB1581 text: 75:8