{"data":{"id":"us-nh/rsa-79-e-1","jurisdiction":"us-nh","citation":"RSA 79-E:1","heading":"Declaration of Public Benefit.","body":"I. It is declared to be a public benefit to enhance downtowns and town centers with respect to economic activity, cultural and historic character, sense of community, and in-town residential uses that contribute to economic and social vitality.\nII. It is further declared to be a public benefit to encourage the rehabilitation of the many underutilized structures in urban and town centers as a means of encouraging growth of economic, residential, and municipal uses in a more compact pattern, in accordance with RSA 9-B.\nII-a. In instances where a qualifying structure is determined to possess no significant historical, cultural, or architectural value and for which the governing body makes a specific finding that rehabilitation would not achieve one or more of the public benefits established in RSA 79-E:7 to the same degree as the replacement of the underutilized structure with a new structure, the tax relief incentives provided under this chapter may be extended to the replacement of an underutilized structure in accordance with the provisions of this chapter.\nII-b. It is further declared to be a public benefit to encourage the rehabilitation of historic structures in a municipality by increasing energy efficiency in the preservation and reuse of existing building stock.\nIII. Short-term property assessment tax relief and a related covenant to protect public benefit as provided under this chapter are considered to provide a demonstrated public benefit if they encourage substantial rehabilitation and use of qualifying structures, or in certain cases, the replacement of a qualifying structure, as defined in this chapter.","path":["Title V: TAXATION","Chapter 79-E: COMMUNITY REVITALIZATION TAX RELIEF INCENTIVE"],"source_url":"https://gc.nh.gov/rsa/html/V/79-E/79-E-1.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T12:43:46Z","sha256":"83b16052a58a9363b812cf9ca5eb4a05a5337a1bc5e2a99e4066c5d9bfb55c6c","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-79-d-14","next":"us-nh/rsa-79-e-2"},"notice":"GroundRules: Original legal text. Not legal advice."}