Budget & Taxes (Property Tax)

failed · New Hampshire · House Feb 5, 2026

HB 1674: creating a tax exemption for certain lower-income property owners.

HB 1674 creates a new homestead tax exemption for lower-income homeowners in New Hampshire, directly affecting individuals who own and reside in a single primary residence. To qualify, applicants must have a household income at or below 100% of the median income for a 3-person household in their area (per HUD data), have lived at the property for at least one year prior to April 1, own no more than one property as their primary home, and meet their municipality’s assessed home value limits. Municipalities must hold a vote to adopt the exemption at a town meeting or through their legislative body; it is not automatic. The exemption would take effect on April 1, 2027, and applies only to properties meeting these specific income and residency criteria.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates homestead tax exemption for lower-income homeowners, providing direct tax relief per bill's summary.95% confidence ✓ HousingSupports HousingProvides tax relief to lower-income homeowners, directly increasing housing affordability for primary residences per income and residency criteria.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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passed both · New Hampshire · Senate May 21, 2026

SB 643: requiring municipalities, towns, and cities to submit documentation to the department of revenue administration proving they are in compliance with local budget and tax caps and requiring municipalities to hold a public hearing and conduct a roll call vote when seeking to override a tax or spending cap.

SB 643 requires cities and towns to hold a public hearing with at least 30 days' notice and a 60-minute public comment period before voting to override a local tax or spending cap. It mandates a roll call vote for the override, recording each council member's vote, and requires publishing the results (including each member's name and vote) on the next property tax bill. This bill does not change existing requirements for supermajority votes or voter approval to override caps but adds transparency measures to inform taxpayers about how officials vote on tax increases. The law directly affects municipalities seeking to raise taxes or spending above locally adopted limits.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires transparency in local tax/spending cap overrides, promoting fiscal accountability and public oversight per fiscal responsibility indicators.85% confidence

Sub-Topics Debt & Bonds Government Spending Property Tax

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failed · New Hampshire · House Feb 5, 2026

HB 1400: creating a property tax exemption and credit opt-out mechanism.

HB 1400 allows property owners to opt out of funding locally adopted property tax credits or exemptions by submitting form PA-29 annually by April 15th. It directly affects property owners who pay local property taxes but do not currently receive any local tax credits or exemptions. The key provision requires annual submission of the form to stop contributing to these programs, with the exception that those already receiving benefits cannot opt out. This creates a straightforward mechanism for property owners to decline funding local tax programs without needing to alter their existing tax status. The bill takes effect 60 days after enactment.

Topics ✓ Budget & TaxesSupports Budget & TaxesHB 1400 provides tax relief by allowing property owners not receiving local credits to opt out of funding them, reducing their tax burden through annual form submission.90% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Tags Local Government

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failed · New Hampshire · House Mar 11, 2026

HB 1764: establishing community workforce housing targets, special assessment provisions, and a revolving loan fund for workforce housing development.

HB 1764 sets annual workforce housing targets for New Hampshire municipalities (cities, towns, and unincorporated areas) based on factors like available land, infrastructure access, and proximity to jobs. Municipalities failing to meet 50% of their cumulative target by 2028 must review zoning barriers and develop improvement plans, and may face a special property tax on high-value properties ($1.5M+). The tax revenue funds a revolving loan program offering below-market-rate financing to developers for workforce housing projects and related infrastructure upgrades. This bill directly affects local governments and housing developers by creating accountability measures and new funding streams for affordable housing.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes special property tax on high-value properties ($1.5M+) to fund workforce housing loan program, directly allocating tax revenue to essential housing development.90% confidence ✓ HousingSupports HousingSets mandatory workforce housing targets, funds development via revolving loan program, and imposes tax on high-value properties to support housing growth.95% confidence

Sub-Topics Property Tax Revenue Affordable Housing Property Taxes Zoning

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in committee · New Hampshire · House Aug 27, 2026

HB 1648: providing property tax exemptions for qualifying residences.

HB 1648 creates a property tax exemption for owner-occupied primary residences in New Hampshire, directly affecting homeowners who live in their homes year-round. It allows eligible properties to deduct up to $300,000 from their taxable assessed value (capped at the property’s actual value), reducing annual property taxes. To qualify, applicants must own and occupy the home as their primary residence for over six months, file an annual application by April 15 with their local assessor, and be New Hampshire residents. The exemption excludes rental properties, commercial uses, corporate-owned homes, and non-residents.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption reducing annual taxes for qualifying homeowners, aligning with tax relief support.85% confidence

Sub-Topics Property Tax Tax Incentives

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in committee · New Hampshire · House Aug 27, 2026

HB 1800: relative to statewide education property taxes.

HB 1800 increases the statewide education property tax rate to $5 per $1,000 of property valuation starting in 2027, affecting all property taxpayers. It creates tax credits for primary homeowners (20%), residents without school-age children (10%), and seniors over 65 (10%), while revising how school funding is calculated to require $10,000 per student and $4,000 per qualifying student annually (with 2% yearly increases). The bill also changes how education tax revenue is distributed to municipalities and repeals statutes related to "extraordinary need grants." These changes aim to fund school districts through revised tax collection and distribution mechanisms, effective July 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases education property tax rate to fund $10k/student school funding with annual 2% increases, directly advancing public education budget priorities.90% confidence ✓ EducationSupports EducationIncreases education property tax to fund $10,000/student base with 2% annual increases, directly strengthening school funding requirements.95% confidence

Sub-Topics Debt & Bonds Property Tax State Budget School Funding

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died · New Hampshire · House Jun 24, 2026

HB 1708: relative to statewide education property taxes and other tax revenues.

HB 1708 reduces the statewide education property tax (SWEPT) rate for homeowners and property owners while increasing the business profits tax rate from 7.5% to 8.5% (with 40-44.2% of this revenue directed to the education trust fund). It sets specific annual revenue targets for the SWEPT - $346 million for 2026-2027, $284 million for 2027-2028, and $273 million annually thereafter - to maintain current education funding levels. Affected parties include residential property owners (who see lower taxes) and businesses (which pay higher profits taxes), with municipalities impacted by the tax shift receiving capped compensation up to $90 million. The bill ensures no net reduction in education funding by offsetting the SWEPT cut through increased business tax revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces SWEPT for homeowners while increasing business tax to fund education, maintaining current education spending levels with specific revenue targets.95% confidence ✓ EducationSupports EducationBill maintains education funding levels by redirecting business tax revenue (40-44.2%) to education trust fund while reducing SWEPT rates, explicitly preserving current funding through adjusted tax structure.90% confidence

Sub-Topics Business Taxes Property Tax State Budget School Funding

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failed · New Hampshire · House Feb 12, 2026

HB 1707: creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.

HB 1707 imposes an additional tax on properties left unoccupied for six or more months annually or used as short-term rentals for that period, requiring owners to pay the full local property taxes owed. It also creates a one-time exemption from the real estate transfer tax for first-time homebuyers with household incomes at or below 100% of the HUD-defined median for their area, who do not own other property. The tax applies to property owners, while the exemption directly benefits qualifying low- and moderate-income homebuyers. The bill takes effect April 1, 2027, with a $300,000 estimated one-time implementation cost.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes new tax on unoccupied properties to increase revenue while providing transfer tax exemption for low-income homebuyers, advancing tax equity and fiscal responsibility.95% confidence ✓ HousingSupports HousingCreates transfer tax exemption for low-income first-time homebuyers, directly increasing affordable housing access for qualifying residents.95% confidence

Sub-Topics Property Tax Sales Tax Tax Incentives Homeownership Property Taxes

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failed · New Hampshire · House Feb 12, 2026

HB 1580: relative to the taxation of non-primary residences.

HB 1580 imposes a 0.75% annual surcharge on the assessed value of residential properties not used as the owner’s primary residence (defined as living there 183+ days yearly and listing it for voter/driver’s license/tax purposes). It directly affects owners of second homes, vacation properties, or vacant residential properties (including single-family homes, condos, and mobile homes). Key exemptions include primary residences, long-term rentals (6+ months), properties under $500,000, and those qualifying for existing tax exemptions. Revenue collected must be used by municipalities to reduce property taxes or fund local services like schools and infrastructure. The bill takes effect April 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes new 0.75% annual tax surcharge on non-primary residences to generate state revenue, directly advancing taxation policy.95% confidence

Sub-Topics Fees & Licensing Property Tax

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died · New Hampshire · House Aug 20, 2026

HB 1002: repealing the solar energy systems tax exemption.

HB 1002 repeals the property tax exemption for solar energy systems, meaning homeowners and businesses with solar installations will no longer be excluded from taxable property assessments. The bill removes specific tax code provisions (RSA 72:62 and related sections) that previously allowed solar systems to be valued separately for tax purposes. Starting April 1, 2027, solar energy systems will be included in standard property tax valuations, requiring owners to pay taxes on these systems as part of their property assessment. This change directly affects property owners who currently benefit from the exemption, shifting their tax obligation to align with standard property valuation practices.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepealing solar tax exemption increases state revenue by closing a tax loophole, supporting fiscal management.95% confidence ✗ EnergyOpposes EnergyBill repeals solar tax exemption, increasing costs for solar adopters and removing financial incentive for renewable energy adoption.95% confidence ✗ EnvironmentOpposes EnvironmentRepealing solar tax exemption increases costs for clean energy adoption, hindering environmental progress by removing financial incentives for renewable energy systems.85% confidence

Sub-Topics Property Tax Tax Incentives Solar

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