increasing the research and development tax credit cap and relative to state park fees for state residents.

The bill's status header changed from 'As Amended by the Senate' to 'Version Adopted by Both Bodies,' indicating it passed both chambers after a conference committee resolved differences.

A new date line was added (June 4, 2026 at 8:56 PM) marking the conference committee meeting where the final version was agreed upon.

Section 3's effective date was delayed from April 1, 2027 to July 1, 2027, giving an additional three months before that provision takes effect.

Fiscal note estimates were revised: some revenue and expenditure entries previously marked 'Indeterminable' were changed to '$0,' suggesting the fiscal impact of certain provisions was reassessed as having no measurable financial effect.

A new Section 3 was added amending RSA 216-A:3-g, I to require that state park entry fees charged to New Hampshire residents (via website or in-person) be no more than 50% of nonresident entry fees. This is a major expansion of the bill's subject matter beyond tax credits.

The new state park fee section allows separate fee schedules for specific uses within parks (camping, facility rental, parking, boat rental), where residents may be charged no more than 90% of nonresident fees. It also permits discounted or waived rates for veterans and school or student groups.

The new section defines acceptable proof of residency as state-issued ID, utility or tax bills, vehicle registrations, student identification, or vehicle license plates.

The single effective date of July 1, 2026 was replaced with staggered dates: the per-entity R&D credit cap increase takes effect January 1, 2027; the state park fee provisions take effect April 1, 2027; and the aggregate R&D credit cap increase takes effect January 1, 2028.

The original Section 1 amended RSA 77-A:5, XIII (a)(1)-(2) as a combined provision. The Senate version splits this into two separate sections: Section 1 amends only the aggregate cap (subparagraph (1)), and new Section 2 amends only the per-entity maximum credit amount (subparagraph (2)(C)).

The fiscal note was updated to reflect the state park fee changes, adding the State Park Fund as a revenue fund and showing indeterminable impacts on park fund revenue (ranging from a $1.5 million decrease to a $2 million increase) and expenditures in FY 2027-2029.