HB 1807 requires school districts to include specific financial information in voting materials for school budget decisions. It mandates that warrant articles and ballots display the previous year's per-pupil cost (calculated using updated formulas), 10-year cost-per-pupil and teacher salary trends in graphs, and the estimated tax impact if all budget articles pass. This affects all New Hampshire school districts and voters participating in school budget votes. The bill repeals the old per-pupil cost calculation method and requires standardized, inflation-adjusted data presentation to improve transparency for voters.
HB 1661 expands New Hampshire's Housing Finance Authority's "Community Heroes" program to provide homeownership assistance to essential workers. It appropriates $750,000 for fiscal year 2027 and $1.5 million annually thereafter from the General Fund to fund the program, with no more than 10% allowed for administrative costs. The program specifically targets eligible workers in healthcare, childcare, elder care, law enforcement, firefighting, education, and active military service, allowing them to use funds for down payments, closing costs, or interest rate reductions. The bill requires the Housing Finance Authority to establish rules defining eligibility and takes effect July 1, 2028, for the annual appropriation.
This bill, SB 488, allows New Hampshire's governor to declare a state of emergency if the legislature fails to pass a budget or continuing resolution funding state government by July 1 of the first year of a biennium. During such an emergency, the governor must fully fund essential state services at the previous year's level, including the legislative and judicial branches, public safety, corrections, transportation maintenance, health care services, veterans' programs, and critical infrastructure operations. The emergency lasts 60 days initially but can be renewed up to three times for a total of 240 days. This ensures continuity of core government functions during budget delays without requiring legislative action.
SB 600 requires New Hampshire's governor to submit quarterly budget reports starting October 1, 2026, detailing the status of the state's general and education trust funds. These reports must compare actual versus planned revenue and spending, including current spending figures and future projections. The reports are submitted to the state's fiscal committee in the General Court. This bill affects the governor's office and the fiscal committee by establishing a regular reporting schedule for key state funds. It does not change existing funding levels or create new spending.
HB 1063 reduces the percentage of meals and rooms tax that businesses (like restaurants and hotels) can retain from 3% to 1.5% for returns filed electronically and received on time by the Department of Revenue Administration. This change directly affects operators who collect these taxes, shifting revenue from their retained portion to state funds. The bill amends RSA 78-A:7, III and takes effect July 1, 2026. Based on FY 2025 data, this would increase state revenue by approximately $6.4 million annually, primarily benefiting the General Fund.
HB 1494 increases the maximum allowable amounts for three optional local tax credits in New Hampshire: the veterans' credit ($750 → $1,000), combat service credit ($500 → $750), and surviving spouse credit ($2,000 → $2,500). These credits directly affect eligible veterans, active-duty service members in combat roles, and surviving spouses of service members killed in action. Municipalities must adopt the updated credit amounts (replacing the standard credits), and the surviving spouse credit now covers all property types (real and personal) in the resident's municipality. The changes take effect April 1, 2027, with no requirement for local re-adoption.
HB 1433 creates a tax credit for New Hampshire businesses that create or expand child care programs. Businesses can claim a credit equal to 50% of qualifying expenses for building new facilities or expanding existing ones by at least 12 child care seats not available before January 1, 2027. The credit applies against business profits or enterprise taxes and can be carried forward for up to four years if not fully used in a given year. To qualify, businesses must create or expand licensed child care seats (either directly or through third parties) and submit an application to the Department of Revenue Administration.
This bill provides financial assistance to school districts in financial distress, defined as those where annual expenditures exceed available funding. It authorizes the state education commissioner to offer loans to such districts (with approval from a joint legislative committee) and establishes a revolving loan fund to help districts manage cash flow before receiving state adequacy payments. Municipalities can also provide emergency aid from existing funds, with repayment terms and oversight requirements, and the bill increases the maximum contingency fund contribution from 5% to 10% of a district's net assessment. These provisions aim to stabilize school district finances without altering special education funding exemptions.
SB 429 requires all public schools in New Hampshire to install trauma kits containing specific emergency supplies (tourniquets, bleeding control bandages, gloves, scissors, and official training materials) by July 2026. The bill establishes a dedicated "trauma kit fund" in the state treasury, appropriating $25,000 for the 2026-2027 fiscal year to cover kit procurement and distribution. It applies specifically to public schools (excluding vacant or under-construction buildings) and mandates the Department of Administrative Services to determine kit placement priorities. The law does not require school staff to use the kits during emergencies and specifies exact contents based on national emergency response standards.
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.