§ 44-5-13.13. Portsmouth — Assessment and taxation of new real estate construction.
(a) Completed new construction of real estate in the town of Portsmouth completed after
any assessment date is liable for the payment of municipal taxes from the date the
certificate of occupancy is issued or the date on which the new construction is first
used for the purpose for which it was constructed, whichever is earlier, prorated
for the assessment year in which the new construction is completed; provided, that
the rate of taxation is uniform within each class. The prorated tax is computed on
the basis of the applicable rate of tax with respect to the property, including the
applicable rate of tax in any tax district in which the property is subject to tax
following completion of the new construction, on the date the property becomes liable
for the prorated tax in accordance with this section.
(b) The building inspector issuing the certificate shall, within ten (10) days after issuing
the certificate, notify, in writing, the assessor of the issuance of the certificate
of occupancy.
(c) Not later than ninety (90) days after receipt by the assessor of the notice from the
building inspector or from a determination by the assessor that the new construction
is being used for the purpose for which it was constructed, the assessor shall determine
the increment by which assessment for the completed construction exceeds the assessment
on the tax roll for the immediately preceding assessment date. He or she shall prorate
the amount from the date of issuance of the certificate of occupancy or the date on
which the new construction was first used for the purpose for which it was constructed,
as the case may be, to the assessment date immediately following and shall add the
increment as prorated to the tax roll for the immediately preceding assessment date
and shall within five (5) days notify the record owner as appearing on the tax roll
and tax collector of the additional assessment.
(d) Any person claiming to be aggrieved by the action of the assessor under this section
may appeal to the assessment board of review within sixty (60) days from notification
of the additional assessment or to superior court as provided.
(e) Upon receipt of the notice from the assessor, the tax collector shall, if the notice
is received after the normal billing date, within ten (10) days thereafter mail or
hand a bill to the owner based upon an amount prorated by the assessor. The tax is
due and payable and collectible as other municipal taxes and subject to the same liens
and processes of collection; provided, that the tax is due and payable in an initial
or single installment due and payable not sooner than thirty (30) days after the date
the bill is mailed or handed to the owner, and in any remaining, regular installments,
as they are due and payable, and the several installments of a tax due and payable
are equal.
(f) Nothing in this section authorizes the collection of taxes twice in respect of the
land upon which the new construction is located.
(g) This section applies only to taxes levied and property assessed in the town of Portsmouth.