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  2. Board Of Aldermen - Agenda - 6/13/2017 - P7

Board Of Aldermen - Agenda - 6/13/2017 - P7

By dnadmin on Sun, 11/06/2022 - 21:55
Document Date
Tue, 06/13/2017 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 06/13/2017 - 00:00
Page Number
7
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__061320…

AMENDED
O-17-035

ORDINANCE

ADOPTING THE ALL VETERANS’ TAX CREDIT

CITY OF NASHUA

In the Year Two Thousand and Seventeen

WHEREAS the City of Nashua has adopted the optional veterans’ tax credit in the
amount of $500, pursuant to NH RSA 72:28;

WHEREAS the qualifications for this optional veterans’ tax credit are found in NH RSA
72:28, IV, and one category of eligibility is “every resident of this state who served not less than
90 days on active service in the armed forces of the United States in any qualifying war or armed
conflict” and was honorably discharged or honorably separated from service or the spouse or
surviving spouse of such resident;

WHEREAS a recent state law which became effective on August 8, 2016 (RSA 72:28-b),
allows the City to adopt an all veterans’ tax credit, which shall be the same amount as the
existing optional veterans’ tax credit, and removes the requirement to have served in a qualifying
war or armed conflict. The law would allow a resident to qualify for the all veterans’ tax credit if
they “served not less than 90 days on active service in the armed forces of the United States and
was honorably discharged or an officer honorably separated from service” or the spouse or
surviving spouse of such resident; and

WHEREAS the City of Nashua would like to adopt the all veterans’ tax credit.

NOW THEREFORE, the City of Nashua ordains that Part II “General Legislation”,
Chapter 295 “Taxation”, Article VI “Veterans’ Tax Credit” of the Nashua Revised Ordinances,
as amended, is hereby further amended by deleting the struck-through language and adding the
new underlined language as follows:

“ARTICLE VI
Veterans’ Tax Credits

§ 295-13. Optional veterans’ tax Ecredit established.

The City of Nashua hereby adopts the provisions of New Hampshire Revised Statutes
Annotated 72:28, as it may be amended from time to time, relative to an optional

Page Image
Board Of Aldermen - Agenda - 6/13/2017 - P7

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