A law that took effect Aug. 18 allows New Hampshire municipalities to offer up to a 10-year, 50 percent cut in property tax bills on commercial and industrial development. Now the question is: Will cities and towns take advantage of it?
A similar has already been in place in Coos County, but House Bill 316 would expand the offer throughout the state, but only if it was adopted by city councils and the town meetings.
Dover’s city council is likely to take it up and Conway selectmen will probably present a proposal at town meeting, but thus far there has not been much other interest. | More…