NH’s new business development tax break takes effect, to little fanfare

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…

| NHBR

About Steve Mac Donald

Husband, Dad, Dog Lover, Blogger, (sometimes) Radio Co-Host, Free Speech Facilitator, Climate Denier, Gun Owner, info-junkie, ...
This entry was posted in Legislation, taxes and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s