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 1815 defines what constitutes an "adequate education" for New Hampshire public schools by specifying 11 required learning areas: English/language arts, math, science, social studies (including Holocaust education), arts, world languages, health/wellness, physical education, technology/engineering, personal finance, and computer science. It directly affects all public elementary and secondary schools in New Hampshire by mandating these subjects as core components of the state's definition of adequate education. The bill revises state law to replace previous standards with this detailed list of required content areas. It does not address funding mechanisms or budget allocations, focusing solely on curriculum requirements.

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.