These three bills affect property owners in New Hampshire, especially those who rent their properties out:
HB1580, being heard on January 12, would assess a surcharge on the assessed market value of any non-primary residence valued over $500,000, potentially making it too expensive to continue hosting. Depending upon the wording of a final version it could affect anyone who has a second home in New Hampshire.
HB1707, being heard on January 12, would assess an additional tax on unoccupied properties. The bill would double owners’ taxes, requiring payment of equal amounts of taxes to the municipality and the state.
HB1068, being heard on January 14, makes unnecessary and confusing changes to the definition of “hotels” to include STRs, which are already subject to meals and rooms taxes.
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