Technology

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.

This bill establishes consumer protections for digital kiosks that allow people to buy, sell, or transfer digital assets (like cryptocurrency) using cash. It requires kiosks to hold first-time transactions for 48 hours (with a cancellation option), limit daily spending to $5,000 for new users and $15,000 for existing users, and display clear warnings about scams (e.g., "no government agency will ever demand payment by crypto"). Operators must verify identities, block transactions to known scam addresses, disclose all fees and reference prices, and provide detailed receipts. These rules directly affect kiosk operators and consumers, particularly older adults targeted by scammers.