New Waterfront Tax proposed HB 629-FN

[John Mercier]

Are you sure you have the decimal point in the right spot?

[C-Bass]

$550k sounds more like it

[hemlock]

So DES came up with a complicated formula to measure shorefront because in their opinion too many people were measuring every rock angle spit and indent to come up with actual frontage to allow them more docks.
So in a recent shoreland protection application for a family island camp this is how it went.

Deed from 1965 says 100 feet frontage. Surveyor measured 102 actual along the shoreline. Pin to pin was 73 feet (lot included a point of land).

DES calculation was this. 73+102=175/2=87.5 feet of frontage.

So the fee proposal is to use tax card info from the towns for invoicing. Tax card says 100 feet. I assume thats what we get taxed. Now who to I go to for an abatement? DES? The Town? BTLA? Superior Court? Is there even a process to abate fees? Talk about a can of worms!

[John Mercier]

Originally Posted by hemlock

So DES came up with a complicated formula to measure shorefront because in their opinion too many people were measuring every rock angle spit and indent to come up with actual frontage to allow them more docks.
So in a recent shoreland protection application for a family island camp this is how it went.

Deed from 1965 says 100 feet frontage. Surveyor measured 102 actual along the shoreline. Pin to pin was 73 feet (lot included a point of land).

DES calculation was this. 73+102=175/2=87.5 feet of frontage.

So the fee proposal is to use tax card info from the towns for invoicing. Tax card says 100 feet. I assume thats what we get taxed. Now who to I go to for an abatement? DES? The Town? BTLA? Superior Court? Is there even a process to abate fees? Talk about a can of worms!

Town. The town controls the tax card.

[KPW]

https://gc.nh.gov/house/committees/r...y/default.aspx

Flood it! Pun intended.

[AC2717]

so even better, there is no land tax on condo/home associations, so how does their water frontage work??

[Biggd]

Originally Posted by AC2717

so even better, there is no land tax on condo/home associations, so how does their water frontage work??

It is taxed, each owner in the association gets a portion on their bill.
I remember being in an association with a large waterfront lot on Winnisquam, in Sanbornton many years ago. The waterfront tax bill went to the association, but they eventually had it changed because the association had such a hard time collecting the money. So, it got divided up on each member's tax bill. I can't remember if it was listed separately on the bill, but the increase was there.

[VitaBene]

The rich people bought many old school family camps and built McMansions. Now the ultra rich are here and they will buy the rich people out.

[AC2717]

Originally Posted by Biggd

It is taxed, each owner in the association gets a portion on their bill.
I remember being in an association with a large waterfront lot on Winnisquam, in Sanbornton many years ago. The waterfront tax bill went to the association, but they eventually had it changed because the association had such a hard time collecting the money. So, it got divided up on each member's tax bill. I can't remember if it was listed separately on the bill, but the increase was there.

I know there is a formula in Laconia and its built into your building/unit tax, but it is based on area you cover so to speak.

[P-3 Guy]

The hearing is scheduled for 1:30 this afternoon.

If you are interested enough and have the time, hearings are livestreamed on YouTube.

https://www.youtube.com/channel/UCxq...oWRL_5vyaQDtvQ

You want House Resources, Recreation and Development.

[DickR]

Originally Posted by John Mercier

Are you sure you have the decimal point in the right spot?

Hoo Boy, is this embarrassing. What a mis-read from the calculator! Three orders of magnitude off, and this from an ex-engineer!

[fatlazyless]

Ya know ...... when you consider the long time N.H. interest and dividend tax ..... http://www.revenue.nh.gov/news-and-m...tax-now-effect ..... was eliminated, effective January 1, 2025 ..... this newly proposed HB-629-FN for repairing the state's aging dams should be totally welcome and appreciated by everyone. ......