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.

HB 1799 defines what constitutes a "constitutionally adequate education" in New Hampshire, requiring the state to fund specific resources to ensure all students have access to quality education regardless of location. The bill mandates funding for key staff (teachers, counselors, librarians, nurses), instructional materials, technology, facilities maintenance, and transportation starting in 2026. It directs school districts and the state to develop plans addressing educational outcome disparities between districts. This directly affects public school districts and the state's education budget, shifting responsibility to cover these defined costs rather than relying solely on local property taxes.