New Hampshire § 423-A-2 - Section 423-A:2 Cooperative Tax Base Sharing Agreements.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 423-A-2 — Section 423-A:2 Cooperative Tax Base Sharing Agreements., with citation guidance and answers to common questions.
§ 423-A-2. Section 423-A:2 Cooperative Tax Base Sharing Agreements.
I. Any 2 or more municipalities, subject to approval by the legislative body of each municipality, or, with the approval of the governor and council, the state and any municipality may enter into a cooperative agreement to share all or a specific part of the commercial, industrial, or residential assessed valuation located within the airport boundaries. Where approval of a town meeting is required, the agreement shall be presented as a separate article in the town warrant. II. Any such agreement shall specify the following: (a) Its duration, which shall be 10 years or more; (b) A description of the tax base to be shared, including, but not limited to, the type of property, the location of the property and whether it is existing, planned, or future construction. (c) The formula for sharing the property taxes generated through taxation of the valuation which is to be shared. (d) Any other necessary and proper provisions.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 423-A-2
What does New Hampshire Revised Statutes Annotated § 423-A-2 cover?
Section 423-A-2 ("Section 423-A:2 Cooperative Tax Base Sharing Agreements.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 423-A-2?
A common citation format is "New Hampshire Revised Statutes Annotated § 423-A-2" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 423-A-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.