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Legislative proposal would expand elderly and disabled property-tax relief and require CPI indexing; assessors warn about local autonomy
Summary
House Bill 782 would raise optional asset limits for elderly and disabled exemptions, require municipalities to promote awareness of credits, and task a study of the low- and moderate-income relief program; assessors said many elements already exist locally and cautioned about automatic indexing and municipal authority.
House Bill 782, introduced to the committee on Feb. 4, proposes a package of changes that would raise optional asset limits for local elderly and disabled exemptions, require municipalities to post information about tax‑relief programs, index certain thresholds to the Consumer Price Index for the Northeast region and direct a study of New Hampshire’s low- and moderate-income homeowner relief program.
Representative Jim Majorie…
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