Budget & Taxes (State Budget)

HB 1409 changes how video lottery terminal (VLT) revenue is distributed after covering administrative costs. It shifts the allocation from the current 75% to the General Fund and 25% to the Education Trust Fund (ETF) to 100% to the ETF. This directly affects public schools by increasing funding through the Education Trust Fund, which supports public school aid. The bill modifies RSA 287-J:6 to require all remaining VLT revenue (after costs) to flow entirely to the ETF, eliminating General Fund deposits. The fiscal note confirms this would decrease General Fund revenue (e.g., ~$45M in FY2026) while increasing ETF revenue.

HB 1170 provides a permanent supplemental retirement stipend for certain retired New Hampshire state employees (Group II, primarily police and fire) and their beneficiaries. Retirees who were retired for 10-19 years (120-239 months) as of July 1, 2025, receive $500 per year of retirement added to their monthly pension, while those retired 20+ years (240+ months) receive a one-time $5,000 addition. The stipend becomes part of the retiree’s permanent base annuity, paid monthly from the state general fund, with an estimated FY 2027 cost of $269.6 million. This policy directly affects current retirees and beneficiaries who meet the retirement duration criteria, with no impact on employer contributions or the retirement system’s unfunded liability.

HB 1574 allows New Hampshire school districts to extend free and reduced-price lunch benefits to special education students who are 21 years old but continue their education through age 22, as required by their individualized education plan (IEP). The bill authorizes school boards to maintain eligibility for these students until their IEP is completed or they turn 22, whichever comes first. The state will reimburse school districts for these meals through the general fund at the same rate as federal USDA meal programs. This change directly affects students with IEPs who remain in school beyond age 21, removing a barrier to nutritional support during their extended education. The policy takes effect for the 2026-2027 school year.

This House Resolution urges the New Hampshire legislature to fully fund K-12 public education at the level determined by the state Supreme Court in the Claremont series of rulings. It specifically references the court's 1993 and 1997 decisions, which established that the legislature must define, cost, fund, and ensure accountability for an adequate education. The resolution calls on the legislature to comply with the court's most recent findings regarding education funding requirements. As a non-binding resolution, it does not create new law but formally requests legislative action.

This bill allows New Hampshire towns and cities to collect a fee of up to $2 per day on hotel and room rentals priced above $40 per night, for up to 184 consecutive days per stay. Municipalities must hold a public hearing and obtain voter approval through a town meeting or city council vote before implementing the fee. Revenues must be deposited into a dedicated tourism or capital improvement fund to support services related to increased tourism and transient traffic, and cannot be used as general fund surplus. The fee applies only to rentals exceeding $40 daily, with no fee collected on lower-priced stays.