Great news. Senate Bill 483, regarding the NHDRA disregarded entity issue was introduced into the New Hampshire Senate today. Click here to review the Bill.
Note that the Bill is retroactive to January 1, 2004.
Testimony on the bill will be later this winter, before the Ways & Means Committee of the Senate. It has six sponsors named, and more since it was printed. Thanks go to the NH Association of Realtors for their great effort. They are working with the prime sponsor to change the effective date to “Immediately on Passage.”