- (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.
Source. #13078, eff 7-25-20; ss by #13918, eff 3-29-24 (formerly Rev 1907.04) (see Revision Note at chapter heading for Rev 1900)