NH HB1659

Creates a new disabled veteran homestead property tax credit that exempts the entire property tax amount for qualifying veterans with 100% permanent service-connected disability ratings or those rated totally disabled due to individual unemployability

Applies to veterans who acquired homes through VA specially adapted housing programs (38 U.S.C. sections 2101, 2102), as well as national guard and reserve members meeting service requirements with qualifying disabilities

Defines "homestead" as the principal dwelling plus surrounding land up to 1 acre in cities/densely settled areas or up to 10 acres in other municipalities

Allows the credit to transfer to a surviving unmarried spouse or dependent children receiving VA dependency and indemnity compensation benefits

Requires cities and towns to adopt the credit through local vote before it becomes available, with an effective date of April 1, 2027