RSA 216-A:3-a Payments by State.

Whenever the state acquires any real property in a town or city for public recreational or park purposes the state shall annually pay to the town or city where such property is situate a sum equal to the taxes which would have been assessed against such property had such property remained taxable, basing such payments upon the assessed value of the property for the year prior to the year of acquisition at the current local rate of taxation applicable for the year in which payment is made, until and including the year the property is opened to the public for recreational or park use. The year following the opening of the property for recreational or park use and for the second, third, fourth and fifth years following such opening the payments shall be based on 80, 60, 40 and 20 percent res