Section 76:3 Education Tax. - New Hampshire Statutes

Beginning July 1, 2005, and every fiscal year thereafter, the commissioner of the department of revenue administration shall set the education tax rate at a level sufficient to generate revenue of $363,000,000 when imposed on all persons and property taxable pursuant to RSA 76:8, except property subject to tax under RSA 82 and RSA 83-F. The education property tax rate shall be effective for the following fiscal year. The rate shall be set to the nearest 1/2 cent necessary to generate the revenue required in this section.

Source. 1878, 23:5. GL 13:2. PS 14:2. PL 13:2. RL 20:2. 1999, 17:14; 338:2. 2001, 158:18. 2003, 241:2, eff. July 1, 2003. 2004, 195:2, eff. July 1, 2004 at 12:01 a.m; 195:3, eff. July 1, 2005 at 12:01 a.m. 2005, 257:2, eff. July 1, 2005 at 12:02 a.m. 2008, 173:15, eff. July 1, 2009.