TITLE III
TOWNS, CITIES, VILLAGE DISTRICTS, AND UNINCORPORATED PLACES
Chapter 31-A
RETURN OF REVENUE TO CITIES AND TOWNS
Section 31-A:1
[RSA 31-A:1 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:1 Return of Revenue. –
Commencing in 1970 and in each year thereafter, a portion of the general revenue of the state shall be returned to each city and town of the state.
Source. 1970, 5:16, eff. April 22, 1970.
Section 31-A:2
[RSA 31-A:2 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:2 Calculation and Certification of Basis for Return of Revenue. –
Prior to October 1, 1970 the tax commission shall calculate and certify to the state treasurer the amounts collected by each city and town under 1969 assessments of the following taxes: the tax on machinery under RSA 72:7; the tax on stock in trade under RSA 72:15, I; the tax on neat stock under RSA 72:15, V; the tax on poultry under RSA 72:15, VII; the tax on motor vehicle fuel pumps and tanks under RSA 72:15, VIII; the tax on certain machinery under RSA 72:15, IX; the tax on domestic rabbits under RSA 72:15, X; the tax on fur bearing animals under RSA 72:16; the tax on portable mills under RSA 72:17; the tax on studhorses and jackasses under RSA 73:26; the tax on forest products under RSA 73:11 through 16 inclusive.
Source. 1970, 5:16, eff. April 22, 1970; 57:13, eff. May 4, 1970.
Section 31-A:3
[RSA 31-A:3 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:3 Determination of Amounts Returnable in 1970. –
The state treasurer shall determine the amount of revenue returnable to each city or town in 1970 by increasing the amounts certified to him under RSA 31-A:2 by 10 percent.
Source. 1970, 5:16, eff. April 22, 1970.
Section 31-A:4
[RSA 31-A:4 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:4 Determination of Amounts Returnable. –
The state treasurer shall distribute to the cities and towns each year the amount appropriated by the general court according to an equalized formula calculated by taking for each city and town the amount of local property taxes assessed, including current distributions of state revenues to local governments, exclusive of educational funds; dividing that sum by the local equalized valuation as determined by the department of revenue administration; and multiplying the result by the local population to produce an equalizing factor for each city and town. Such equalizing factors shall be added together to produce a total state sum. Each local equalizing factor shall be divided by the total state sum to produce for each city and town a normalized factor. Each such normalized factor shall be multiplied by the total amount to be distributed to the cities and towns to produce the annual share of each city or town. Under no circumstances shall the amount appropriated under this section be less than $47,300,000 annually. Provided, however, that no city or town shall receive under the provisions of this section an amount less than the sum of:
I. Its 1978 distribution under RSA 31-A plus its share under the equalized formula of an annual increase of 5 percent in the previous year's aggregate distribution, through the year 1981, excluding revenue derived from RSA 77-A:20. The amount of money which is removed from the formula for deposit in the education trust fund shall not affect the remaining municipal revenue sharing distribution. The same amount distributed to each municipality in fiscal year 1998, excluding the amount apportioned to the school district in the 1998 property tax calculations, shall be distributed to each municipality in fiscal year 1999 and each year thereafter until the legislature revises the formula or provides additional appropriations that will affect the distribution amount.
II. Its 1982 distribution under the interest and dividends tax.
III. Its 1982 distribution under the savings bank tax.
IV. [Repealed.]
Source. 1970, 5:16. 1971, 557:73. 1977, 593:6. 1981, 568:122, I. 1983, 469:51. 1993, 352:2, 3, eff. July 1, 1994. 1999, 17:10, eff. April 29, 1999.
Section 31-A:5
[RSA 31-A:5 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:5 Time of Payment. –
Payment of revenues returnable to the city and towns shall be made as follows:
I. In 1970, the state treasurer shall pay over to each city or town the amount due to it on December 15, 1970.
II. (a) If a city or town has adopted a fiscal year ending in June, the state treasurer in the year 1983 shall make payments in installments as follows: 1/4 on March 15; 1/4 on June 15; and 1/2 on December 15. There is hereby appropriated for such fiscal year a sum sufficient to make the payments provided for by this section. The governor is authorized to draw his warrant for the sums appropriated by this section out of any money in the treasury not otherwise appropriated.
(b) If a city or town adopted a fiscal year ending in June, the state treasurer in the year 1984 shall make payments in installments as follows: 1/4 on June 15; 1/4 on July 15; and 1/2 on December 15. There is hereby appropriated for such fiscal year a sum sufficient to make the payments provided for by this section. The governor is authorized to draw his warrant for the sums appropriated by this section out of any money in the treasury not otherwise appropriated.
(c) If a city or town has adopted a fiscal year ending in June, the state treasurer, starting with the year 1985 and each year thereafter, shall make payments in installments as follows: 1/2 on July 15; and 1/2 on December 15. There is hereby appropriated for each fiscal year a sum sufficient to make the payments provided for by this section. The governor is authorized to draw his warrant for the sums appropriated by this section out of any money in the treasury not otherwise appropriated.
(d)(1) Notwithstanding any other provision of law to the contrary, any city or town which has adopted a fiscal year ending in June is hereby authorized, at its option, to include as part of its revenue sharing distribution under this chapter for any fiscal year, ending on June 30, all or any part of the revenue sharing distribution installment due under this chapter on the July 15 next following the fiscal year in which the option is exercised, for tax rate setting purposes.
(2) The commissioner of revenue administration shall recognize said inclusion for purposes of his establishment and approval of the tax rate for such city or town, pursuant to RSA 21-J:3, XV, for each fiscal year such option is exercised.
(3) Any fiscal year city or town is authorized for each fiscal year in which it exercises such option to issue revenue anticipation notes in an amount not to exceed the amount of the July 15 payment and the maturity date of which shall not exceed 60 days from the receipt of the July 15 payment.
Source. 1970, 5:16. 1971, 8:1. 1982, 42:60. 1983, 469:24. 1985, 204:7.
Section 31-A:6
[RSA 31-A:6 suspended by 2023, 79:109 for the biennium ending June 30, 2025.]
31-A:6 Alternate Procedure for Determination of Amounts Returnable in 1970. –
Any town or city which claims that its equalized valuation of the property relieved from taxation by "An Act imposing a business profits tax, repealing certain taxes, providing transitional measures, revising the rate of certain taxes, and providing for return of revenue to cities and towns" enacted by the 1970 special session of the general court, for the years 1966, 1967, 1968, and 1969 increased by an average of more than 10 percent, may apply to the tax commission for a certificate to that effect. After such investigation and hearing as the tax commission may require, which shall be conducted at the expense of the applicant, the commission shall, if it finds the application to have merit, certify to the state treasurer the average percentage rate of increase of equalized valuation of said property in said years. The state treasurer shall determine the amount of revenue returnable to the applicant in 1970 by increasing the amount certified to him under RSA 31-A:2 by the percentage certified to him by the tax commission under this section.
Source. 1970, 5:16, eff. April 22, 1970.