Section Cub 304.01 - Current Use Acreage Requirement(a) Open space land shall consist of:(1) A parcel or tract of farm land, forest land, or unproductive land totaling 10 or more acres;(2) A parcel or tract of any combination of farm land, forest land, or unproductive land, which totals 10 or more acres;(3) A certified tree farm of any size;(4) A tract of unimproved wetland of any size; or(5) A tract of undeveloped land of any size, actively devoted to the growing of agricultural or horticultural crops with an annual gross income from the sale of crops normally produced thereon totaling at least $2,500, subject to the following: a. The landowner shall demonstrate to the local municipal assessing officials that during the previous year, at least $2,500 gross income was earned from the sale of agricultural or horticultural crops grown on the land;b. All land qualifying for current use assessment under Cub 304.01(a)(5), above, shall be required to show $2,500 of annual gross income from the sale of crops normally produced thereon;c. Land qualified for open space assessment under Cub 304.01(a)(5), above, shall be classified as follows: 1. The acreage on which the income producing crop is actually grown shall be classified as farm land, pursuant to Cub 304; and2. Contiguous land not involved in the income producing activity shall be classified as farm land, forest land, or unproductive land, pursuant to Cub 304, regardless of acreage; andd. Land qualified under this section in tax years prior to 1993 may stay in current use even though the annual gross value of $2,500 came from the sale of value-added agricultural products marketed from the land, provided that such landowner(s) continue to produce such products that qualified the land for current use assessmentN.H. Admin. Code § Cub 304.01
#5343, eff 3-05-92 (See Revision Note at chapter heading for Cub 300); amd by #5591, eff 2-25-93; ss by #6720, eff 3-27-98; ss by #8571, eff 2-18-06
Amended by Volume XXXVI Number 36, Filed September 8, 2016, Proposed by #11164, Effective 8/24/2016, Expires 2/20/2017.Amended by Volume XXXIX Number 37, Filed September 12, 2019, Proposed by #12857-B, Effective 8/23/2019, Expires 8/23/2029.