Section Rev 1907.03 - Equalization of Formula(a) In determining the value of a utility company's utility company assets for any tax year, pursuant to RSA 72:8-d, II(c), except as provided in (b) below, a municipality shall equalize the value according to the applicable formula using the previous year's median ratio as determined by the department under RSA 21-J:3, XIII, RSA 21-J:15, and Rev 2800.(b) A municipality shall not equalize the value of a utility company's utility company assets in any tax year for which the municipality conducts a full reassessment in accordance with RSA 75:1 and RSA 75:8-a.N.H. Admin. Code § Rev 1907.03
#9826, eff 11-25-10; ss by #10582, eff 5-2-14
Amended by Volume XL Number 33, Filed August 13, 2020, Proposed by #13078, Effective 7/25/2020, Expires 7/25/2030.Amended by Volume XLII Number 49, Filed December 8, 2022, Proposed by #13490, Effective 11/15/2022, Expires 11/15/2032Amended by Number 15, Filed April 11, 2024, Proposed by #13918, Effective 3/29/2024, Expires3/29/2034 (formerly Rev 1907.04) (see Revision Note at chapter heading for Rev 1900).