Budget & Taxes

in committee · New Hampshire · Senate Mar 6, 2026

SB 485: relative to the licensure, regulation and taxation of hemp-based derivative products.

SB 485 establishes rules for hemp-derived products containing cannabinoids (like delta-8 THC) by defining them and setting a strict limit: products must contain no more than 0.3% THC on a dry weight basis. It creates a licensing system through the Liquor Commission for businesses selling these products, requiring retailers, suppliers, and wholesalers to obtain licenses. The bill also imposes a tax on wholesale sales of these products and prohibits sales of any hemp-derived product exceeding the 0.3% THC threshold. This directly affects hemp product businesses and the Liquor Commission, which will enforce licensing, regulations, and tax collection under existing law.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes tax on hemp product wholesale sales, creating new revenue stream under tax policy for fiscal management.95% confidence

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signed · New Hampshire · House Jun 22, 2026

HB 1495: allowing a reimbursement anticipation note to be used as collateral in certain circumstances.

HB 1495 allows New Hampshire school districts to borrow against expected state reimbursements (like education funds) and count those borrowed funds as revenue when setting property tax rates. The bill requires that borrowed funds be used only for the same purpose as the anticipated reimbursement. School districts must notify the state revenue department in writing about the amount to be counted as revenue, and this borrowing is exempt from standard debt limit restrictions under RSA 33. The bill directly affects school districts receiving state education reimbursements by changing how they can manage and report anticipated funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllows school districts to borrow against expected state funds to lower property tax rates, promoting fiscal flexibility without increasing taxes.95% confidence

Sub-Topics Property Tax Revenue

died · New Hampshire · House Aug 20, 2026

HB 1701: reestablishing the New Hampshire college graduate retention incentive partnership program and making an appropriation therefor.

HB 1701 reestablishes New Hampshire's College Graduate Retention Incentive Partnership (NH GRIP) program, which provides financial incentives to college graduates who work for participating employers in the state. The bill requires participating employers to pay graduates a minimum of $1,000 annually for up to four years of employment, with priority given to New Hampshire-based small businesses and employers in sectors facing workforce shortages (like healthcare and technology). Employers must post qualifying positions online and sign agreements with graduates, while the Department of Business and Economic Affairs administers the program and publishes annual reports on participation and outcomes. This directly affects recent New Hampshire college graduates seeking employment and participating employers who choose to join the program.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly appropriates state funds to establish NH GRIP program, funding employer incentives for graduate retention in workforce sectors.95% confidence ✓ EducationSupports EducationBill reestablishes NH GRIP program providing employer incentives for hiring college graduates, directly supporting higher education retention and workforce development in New Hampshire. Addresses higher education as defined in topic.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProvides $1,000 annual wage supplement to graduates via employer incentives, directly increasing compensation for workers in targeted sectors like healthcare and tech.95% confidence

Sub-Topics Appropriations Higher Education

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failed · New Hampshire · Senate Jan 29, 2026

SB 634: enabling municipalities to adopt a municipal occupancy fee.

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new municipal tax (occupancy fee) to fund tourism/capital improvements, directly advancing dedicated budget allocation for tourism services per the topic description.90% confidence

Sub-Topics State Budget

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passed · New Hampshire · Senate Mar 12, 2026

SB 404: relative to economic revitalization zone tax credits.

SB 404 modifies New Hampshire's economic revitalization zone tax credit program. It increases the annual credit limit from $825,000 to $1,000,000 and raises the maximum credit per business from $40,000 to $50,000. Businesses creating new jobs in designated zones qualify for tax credits: 4-5% of wages for jobs paying up to 2.5x the state minimum wage, plus 5% of facility renovation costs (capped at $20,000 per job). The bill also extends zone reevaluation from every 5 to 8 years and adjusts carry-forward rules for unused credits. These changes directly affect businesses seeking tax incentives for job creation and facility investments in revitalization zones.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for businesses in revitalization zones, reducing state tax revenue to incentivize job creation and economic development.95% confidence

Sub-Topics Tax Credits Tax Incentives

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failed · New Hampshire · House Feb 5, 2026

HB 1690: relative to impact fees.

This bill expands the permitted uses of impact fees - charges imposed on new development - to include purchasing safety equipment for police, fire, and emergency services. It directly affects municipalities that collect impact fees, allowing them to allocate these funds toward existing safety vehicle fleets (like police cars or fire trucks) rather than solely for infrastructure like roads or water systems. The key change amends the definition of "impact fee" in state law to explicitly authorize this use, adding it to the existing list of approved purposes. This is a concrete policy adjustment to the existing fee structure, not a new program.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects existing impact fee revenue toward public safety equipment funding, increasing allocation for essential services like police/fire departments.90% confidence ✓ Criminal JusticeSupports Criminal JusticeBill explicitly authorizes impact fees for police safety equipment purchases, directly funding law enforcement resources under criminal justice topic.92% confidence

Sub-Topics Procurement Policing Tags Public Safety

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in committee · New Hampshire · House Aug 27, 2026

HB 1787: modifying the statewide education property tax.

HB 1787 modifies New Hampshire's statewide education property tax system by requiring all tax revenues to be collected by local officials and deposited directly into the state education trust fund, rather than being handled by municipalities. It updates the low- and moderate-income homeowners property tax relief program and establishes a committee to study this program's effectiveness. The bill also mandates that tax bills include clear information about available relief programs, including the low-income homeowner program. These changes affect homeowners (particularly those eligible for tax relief) and ensure education funding flows through a centralized state trust fund for grants and tax relief payments. The tax rate is set to generate $378 million annually, increasing by 2% each year.

Topics ✓ Budget & TaxesSupports Budget & TaxesModifies tax relief program for low/moderate-income homeowners and mandates clear info about relief programs, providing direct tax relief.95% confidence ✓ EducationSupports EducationRedirects property tax revenue to state education trust fund, ensuring dedicated funding for schools, updates relief programs to support homeowners accessing education funds.95% confidence

Sub-Topics Property Tax School Funding

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passed · New Hampshire · Senate Mar 12, 2026

SB 517: relative to the responsibility of local school districts to provide meals to students during school hours, reimbursing schools for meals provided to students at no cost, and making an appropriation therefor.

SB 517 allows New Hampshire school districts to expand free meal eligibility to 200% of the federal poverty level, raising the current standard. Districts opting into this program will receive state reimbursement covering 50% of the cost difference between free meals and reduced-price meals, with the remaining 50% covered by the school district. The bill appropriates $107,000 for administrative support and $250,000 for meal reimbursements and software to enable online application systems for free/reduced-price meals. This directly affects low-income students and school districts that choose to implement the expanded eligibility starting July 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $250,000 for school meal reimbursements, funding an essential public service program through state budget allocation.95% confidence ✓ EducationSupports EducationExpands free meal eligibility to 200% poverty level with state reimbursement, increasing student nutritional access and reducing financial barriers to education.95% confidence

Sub-Topics Appropriations Student Health

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died · New Hampshire · House Mar 4, 2026

HB 1411: directing the state treasurer to withhold payments owed by the state to the federal government where the state has been deprived of federal aid as a result of presidential executive order.

HB 1411 requires New Hampshire's state treasurer to withhold payments owed to the federal government if the state loses federal aid due to a presidential executive order or the federal government violates a court order requiring aid release. The bill mandates the treasurer to calculate the lost aid amount, withhold corresponding state payments (up to that amount), and hold them in escrow until the federal aid is restored. This directly affects the state treasurer's payment obligations to the federal government and applies only when federal aid is unlawfully withheld. The bill does not create new programs or costs, as confirmed by its fiscal note showing $0 impact. It aims to safeguard state resources by linking withheld state payments to restored federal aid.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill protects state budget by withholding federal payments when aid is lost, promoting fiscal responsibility through escrow management of withheld funds.90% confidence

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