Labor & Employment

HB 1786 imposes a semi-annual state assessment on residential properties valued over $1 million that are not used as a primary residence (luxury second homes), directly affecting owners of such properties. The revenue generated funds statewide housing development programs, including $15 million for workforce training in building trades and municipal grants for housing production. Key provisions include creating a dedicated fund for demolishing vacant buildings, expanding tax credits for housing infrastructure, and establishing a commission to study state financing for housing. The bill aims to address New Hampshire's housing shortage by leveraging new revenue to support affordable housing construction and workforce development.

HB 1043 allows employers to create their own pay policies for employees who report to work at the employer's request, making the existing statutory minimum pay requirement (2 hours' pay at regular rate) apply only if the employer has no alternative policy. It directly affects most private-sector employees who report to work, excluding county/municipal employees and ski resort instructors who receive equivalent alternative compensation. The bill does not change the minimum pay standard but gives employers flexibility to set higher or different policies that meet or exceed the baseline. Employers who make a good-faith effort to notify employees not to report to work are not liable for pay under this section. The bill amends RSA 275:43-a and takes effect 60 days after passage.