Section 21-J:11-a Assessment Report.
I. The commissioner shall report the degree to which assessments of a municipality achieve substantial compliance with applicable statutes and rules. The commissioner may consider whether:
(a) Level of assessments and uniformity of assessments are within acceptable ranges as recommended by the assessing standards board by considering, where appropriate, an assessment-to-sales-ratio study conducted by the department for the municipality;
(b) Assessment practices substantially comply with applicable statutes and rules;
(c) Exemption and credit procedures substantially comply with applicable statutes and rules;
(d) Assessments are based on reasonably accurate data; and
(e) Assessments of various types of properties are reasonably proportional to other types of properties within the municipality.
II. The commissioner shall issue a copy of the report upon its completion to the municipality and to the assessing standards board. The report shall be completed after the completion of the equalization of property valuations conducted pursuant to RSA 21-J:3, XIII. When issued, the report shall be a public document.
III. The assessing standards board shall study and recommend to the legislature whether municipalities should be reimbursed for expenses incurred as a result of changes in assessment practices resulting from legislation enacted in response to the judicial interpretation of part 2, article 6 of the New Hampshire constitution in Evelyn Sirrell et al. v State of New Hampshire et al. and, if reimbursement is appropriate, shall recommend a formula for implementation of a reimbursement program.
Source. 2001, 158:56, eff. Sept. 3, 2001. 2003, 307:7, eff. July 1, 2003. 2004, 203:13, eff. June 11, 2004.