taxing certain properties owned by charitable or non-profit organizations.

HB 1293 would require certain charitable or non-profit organizations to pay property taxes on the value of their properties exceeding $1 million within any municipality. This applies to properties owned, used, and occupied directly for the organization's charitable purposes, but only on the portion above the $1 million threshold. Municipalities can choose to raise the exemption amount through a town meeting or city vote, and voluntary tax payment agreements (under RSA 72:23-n) would override this rule during their term. The law takes effect April 1, 2027.