New Hampshire § 162-N-5 - Section 162-N:5 Limit on Total Economic Revitalization Zone Credits.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 162-N-5 — Section 162-N:5 Limit on Total Economic Revitalization Zone Credits., with citation guidance and answers to common questions.
§ 162-N-5. Section 162-N:5 Limit on Total Economic Revitalization Zone Credits.
The aggregate of tax credits issued by the commissioner of economic and business affairs to all taxpayers claiming the credit shall not exceed $825,000 for any calendar year, except that any amount of the credit less than $825,000 that is not claimed in the calendar year may be issued in the next calendar year and in following years. Amounts carried forward pursuant to RSA 162-N:7 shall not be counted against this limit in any year in which they are applied. Notwithstanding RSA 162-N:6, the maximum credit which may be utilized by a taxpayer in any calendar year shall not exceed $40,000. In the case in which the aggregate credits requested during the calendar year exceed the amount available, each taxpayer shall receive a credit for the proportional share of the maximum aggregate credit amount.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 162-N-5
What does New Hampshire Revised Statutes Annotated § 162-N-5 cover?
Section 162-N-5 ("Section 162-N:5 Limit on Total Economic Revitalization Zone Credits.") 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 § 162-N-5?
A common citation format is "New Hampshire Revised Statutes Annotated § 162-N-5" (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 § 162-N-5 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.