HB 1102 increases two key limits on New Hampshire's research and development (R&D) tax credit program. It raises the annual cap on total credits claimed by all businesses from $7 million to $10 million per fiscal year, and increases the maximum credit an individual business can claim from $50,000 to $100,000. This bill directly affects businesses conducting qualifying R&D activities in New Hampshire, allowing them to claim larger credits against their state business taxes. The changes take effect July 1, 2026, and do not require new state funding.
SB 643 requires cities and towns to hold a public hearing with at least 30 days' notice and a 60-minute public comment period before voting to override a local tax or spending cap. It mandates a roll call vote for the override, recording each council member's vote, and requires publishing the results (including each member's name and vote) on the next property tax bill. This bill does not change existing requirements for supermajority votes or voter approval to override caps but adds transparency measures to inform taxpayers about how officials vote on tax increases. The law directly affects municipalities seeking to raise taxes or spending above locally adopted limits.
HB 186 legalizes and regulates cannabis for adults 21 and older in New Hampshire, establishing a comprehensive framework for cultivation, manufacturing, and retail sales. The bill creates a Cannabis Commission to license and regulate businesses, sets strict limits on personal possession (2 ounces of flower or equivalent), and prohibits smoking in public places with escalating fines for violations. Revenue from cannabis taxes will fund the general fund (55%), substance misuse prevention programs (15%), municipalities based on sales (25%), and public safety agencies (5%). The bill also includes provisions to vacate past cannabis possession convictions for adults 21+ and creates a dual-use system allowing therapeutic cannabis centers to operate retail stores under specific conditions.
SB 419 expands the "housing champion" designation to include local governments that adopt zoning rules allowing child care centers near jobs (like on commercially zoned land without special permits, meeting health department standards). It allocates $5 million to the housing champion program fund and $10 million to the affordable housing fund for the 2026-2027 biennium, both non-lapsing. These funds will support affordable housing projects and local efforts to improve housing access. The bill directly affects towns and cities that change zoning to integrate childcare with commercial development.
SB 604 appropriates $14 million to New Hampshire's University System for fiscal year 2027 to restore funding reduced in 2025, and $3.5 million to the Community College System to maintain a freeze on credit-hour tuition rates. The bill directly affects public universities and community colleges in the state, providing concrete funding for operations and tuition stability. It authorizes the governor to draw these funds from the General Fund, effective July 1, 2026, with no additional revenue impact.
SB 651 would legalize cannabis use for adults 21 and older in New Hampshire, requiring businesses to obtain licenses and follow regulations similar to alcohol, including age verification for purchases, product testing, and labeling. It establishes a new cannabis tax fund, with revenue from sales allocated to support substance abuse prevention, treatment, and education programs through a dedicated fund managed by the Department of Health and Human Services. These programs would cover evidence-based initiatives, mental health services for dual-diagnosis cases, and public education campaigns about cannabis risks for both youth and adults. The bill mandates annual reporting on fund usage and ensures tax revenue directly supports state efforts to address substance misuse.
SB 582 increases New Hampshire's base cost for an adequate education from $4,100 to $7,356.01 per student for the 2027-2028 school year, directly affecting public schools receiving state funding. It expands the definition of "adequate education" to include specific resources like teachers, counselors, technology, and facilities maintenance. The bill requires the state to update this cost every two years using actual school data and adjusts funding formulas accordingly. The fiscal note estimates this change will cost approximately $500 million annually starting in 2028, funded through the Education Trust Fund.
SB 584 increases state funding for students receiving special education services by adding $16,000 per student to the base education cost calculation. This change directly affects school districts and students in special education programs across New Hampshire, starting July 1, 2026. The bill modifies the formula used to determine per-pupil funding by specifying this additional amount for special education students, alongside existing adjustments for free/reduced meals and English language learners. The policy change aims to provide higher state support for these students' educational needs without altering current eligibility criteria.
SB 406 appropriates $20 million from the state General Fund to the city of Nashua for purchasing the former Daniel Webster College property. The bill states this property, currently owned by a foreign entity near Nashua's airport (deemed critical infrastructure), must be acquired to prevent foreign ownership near sensitive infrastructure. The funds are designated for the 2026-2027 biennium and will be drawn directly from the state treasury. This is a direct funding mechanism with no revenue impact on the state.
This bill allows New Hampshire towns and cities to collect a fee of up to $2 per day on hotel and room rentals priced above $40 per night, for up to 184 consecutive days per stay. Municipalities must hold a public hearing and obtain voter approval through a town meeting or city council vote before implementing the fee. Revenues must be deposited into a dedicated tourism or capital improvement fund to support services related to increased tourism and transient traffic, and cannot be used as general fund surplus. The fee applies only to rentals exceeding $40 daily, with no fee collected on lower-priced stays.
