relative to forest carbon credit programs.

This law requires the state Department of Revenue Administration to study how forest carbon credit programs might reduce timber tax revenue and to submit reports to the legislature by late 2024 and late 2025. The bill also creates a public registry to list New Hampshire forest lands enrolled in carbon programs, requiring owners to provide details such as their name, property location, and enrollment dates. Additionally, it mandates that landowners or program administrators notify the local municipalities where the enrolled forest land is located about these enrollments.