Budget & Taxes (Tax Incentives)

failed · New Hampshire · House Jan 7, 2026

HB 585: relative to the property tax exemption for religious organizations.

HB 585 creates a property tax exemption for religious organizations that rent out specific properties. It allows one rental church parsonage (residential) and one rental worship building (e.g., church, synagogue, mosque) to be exempt from property taxes, provided the rental income is used solely for the religious leader’s compensation, building maintenance, or standard religious programs. The exemption applies only to single houses of worship (like churches or synagogues) and limits each organization to one exemption per property type. This change takes effect for tax periods ending after December 31, 2024.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates property tax exemption for religious orgs, reducing state revenue; aligns with 'oppose' indicator of tax breaks.90% confidence

Sub-Topics Property Tax Tax Incentives

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failed · New Hampshire · House Feb 19, 2026

HB 1739: relative to energy infrastructure, economic development, and workforce training for large-scale data facilities.

HB 1739 creates incentives to attract large data-center campuses to New Hampshire while modernizing the electric grid. It offers developers phased property tax breaks over 12 years and transferable tax credits covering up to 20% of construction costs, contingent on signing binding Grid Modernization Agreements. These agreements require developers to source non-gas electricity (like solar or wind) matching their energy use, fund grid-stabilizing programs, and partner with community colleges for workforce training in data-center operations. The bill also establishes fast-track permitting for eligible sites and mandates community benefits like noise limits, environmental screening, and resident bill credits from exported power.

Topics ✓ Budget & TaxesSupports Budget & TaxesOffers property tax breaks and transferable tax credits (up to 20% of costs) to attract data centers, directly using tax policy for economic development.90% confidence ✓ EnergySupports EnergyMandates non-gas electricity (solar/wind) matching data center energy use, funds grid modernization, and requires renewable energy sourcing via Grid Modernization Agreements.92% confidence ✓ EnvironmentSupports EnvironmentMandates non-gas electricity (solar/wind) for data centers, requiring renewable energy matching and grid modernization programs to reduce fossil fuel reliance.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill mandates partnerships with community colleges for workforce training, directly advancing employment standards and job readiness for data center roles.85% confidence ✓ TechnologySupports TechnologyBill provides tax incentives for data centers, mandates renewable energy use, and requires grid modernization, directly advancing tech infrastructure development.95% confidence

Sub-Topics Property Tax Tax Incentives Electric Grid Solar Workforce Development

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failed · New Hampshire · House Mar 20, 2026

HB 1296: relative to the conditions for, and procedures for the adoption of, the elderly tax exemption.

HB 1296 raises the income and asset thresholds for New Hampshire's elderly property tax exemption, directly affecting residents aged 65+ who own their homes. It increases the maximum allowable annual income for single seniors from $13,400 to $23,300 (and for married couples from $20,400 to $35,500), while raising the asset limit from $35,000 to $60,900. The bill also requires annual adjustments to these thresholds based on inflation, using the Consumer Price Index, starting in 2026. Municipalities must apply these updated minimums automatically, though they may set higher limits if desired.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption thresholds for seniors, providing tax relief to lower-income elderly residents by raising income/asset limits and adding inflation adjustments.95% confidence

Sub-Topics Property Tax Tax Incentives Tags Seniors

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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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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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in committee · New Hampshire · House Jun 3, 2026

HB 1646: creating an off-site infrastructure improvement tax credit for the value of qualified off-site infrastructure improvements constructed or funded by business organizations that directly benefit the public.

HB 1646 creates a tax credit allowing businesses to reduce their state business profits tax by the value of off-site infrastructure they fund or build that directly benefits the public, after obtaining municipal approval. The credit is limited to a business's annual tax liability, with unused portions carryable forward for up to 20 years. Businesses must document these improvements, and the Department of Revenue Administration will develop rules for verification and calculation. The credit takes effect April 1, 2027.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates tax credit reducing state tax revenue, weakening budget through reduced tax income for public services.92% confidence ✓ TransportationSupports TransportationBill provides tax credit for businesses funding public infrastructure improvements, directly advancing transportation infrastructure projects through private investment.95% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives

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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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failed · New Hampshire · Senate Jan 29, 2026

SB 636: establishing tax credits for qualifying small businesses against documented tariff-related costs.

SB 636 creates tax credits for small businesses facing increased costs due to federal tariffs. Qualifying businesses - manufacturers with fewer than 50 employees or non-manufacturers with average annual revenue under $500,000 - can claim a credit equal to 25% of documented tariff-related costs (e.g., via invoices or supplier certifications), up to $7,500 per business annually. The total state spending on these credits is capped at $8 million per fiscal year, with applications processed in order of receipt and prorated if the cap is exceeded. Unused credits may be carried forward for up to three years, but credits are non-refundable and applied first against business profits tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for small businesses, reducing their tax burden and capping state spending at $8M, aligning with tax relief and fiscal responsibility.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Small Business

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died · New Hampshire · House Mar 4, 2026

HB 1660: relative to municipal credit enhancement agreements and tax increment financing for priority housing development.

HB 1660 allows New Hampshire municipalities to use project-based credit enhancement agreements (CEAs) to incentivize specific housing developments without requiring a full tax increment financing (TIF) district. It directly affects municipalities and developers building qualifying housing projects, such as senior housing, skilled care facilities, workforce housing, or other community-identified housing needs. The bill clarifies that housing-related captured tax revenue will be excluded from equalized property valuation calculations, preventing towns from facing artificially inflated state tax bases. This change streamlines support for housing projects while excluding conversions of existing homes, luxury developments, or individually owned units like single-family homes. The law aims to address housing shortages by making municipal financial tools more accessible for housing-focused initiatives.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables municipalities to use tax increment financing for housing development, advancing fiscal tools for budget management and housing funding.90% confidence ✓ HousingSupports HousingEnables municipalities to incentivize affordable housing projects (workforce, senior) via CEAs without full TIF, advancing development through financial mechanisms.95% confidence

Sub-Topics Debt & Bonds Revenue Tax Incentives Affordable Housing Housing Finance Property Taxes

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signed · New Hampshire · House Jul 9, 2026

HB 1103: allowing municipalities to utilize community revitalization tax relief credits on a wider variety of properties and structures.

HB 1103 expands tax relief credits for municipalities by allowing them to apply community revitalization tax credits to more property types. Specifically, it enables tax credits for converting existing office, commercial, or industrial buildings to residential use, and for new residential construction meeting affordability standards. Properties must be located in designated housing opportunity or residential conversion zones, with tax relief lasting up to 11 years if workforce housing is created. This directly affects property owners and municipalities seeking to incentivize housing development in targeted areas. The bill amends New Hampshire’s tax code to broaden eligibility beyond current standards, effective April 1, 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credits for affordable housing conversions, reducing municipal tax burden and promoting fiscal responsibility through targeted relief for workforce housing.90% confidence ✓ HousingSupports HousingExpands tax credits for converting commercial properties to residential use and new affordable housing, directly increasing housing supply and affordability standards.95% confidence

Sub-Topics Tax Incentives Affordable Housing Historic Preservation Property Taxes