Fiscal Note Quick Guides
Legislative Sessions
In order to provide better information and data to the New Hampshire Legislature for deliberation on pending legislation, as well as to the public in general, the New Hampshire Department of Revenue Administration has created Fiscal Note (FN) Quick Guides. These "Quick Guides" are created from relevant sections of the Department's Fiscal Note Worksheets, which are submitted to the Legislative Budget Assistant in the drafting of the fiscal notes for certain House and Senate bills. These Fiscal Note Quick Guides are for the bills as originally introduced. The Department hopes the Quick Guides will be a useful source of information for Legislators and the public.
To access a copy of any bill referenced below, please visit the NH General Court at www.gencourt.state.nh.us and enter the bill number within "Find a Bill" in the State Legislation Dashboard.
FN Quick Guides for bills in prior Legislative Sessions may be obtained by emailing the Department at: DRALegislativeGroup@dra.nh.gov and specifying the particular bill and session year you are requesting.
2025 Quick Guides
House Bills
- HB 2, relative to state fees, funds, revenues, and expenditures.
- HB 137, relative to allocating excess statewide education property tax funds for the local school and municipal purposes.
- HB 155, reducing the rate of business enterprise tax.
- HB 186, relative to the legalization and regulation of cannabis and making appropriations therefor.
- HB 234, relative to the statewide education property tax and excess revenue from games of chance.
- HB 255, increasing the percentage of revenue deposited in the education trust fund from the business profits tax.
- HB 290, increasing the taxes on cigarettes and electronic cigarettes and establishing a committee to study taxes on tobacco and other nicotine products.
- HB 318, relative to the percentage of revenue from the business enterprise tax deposited in the education trust fund.
- HB 417, relative to repealing the communications services tax.
- HB 483, relative to the definition of a scholarship organization for purposes of the education tax credit.
- HB 502, relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.
- HB 503, amending how revenues from taxes are allocated to the education trust fund.
- HB 517, repealing the Granite State paid family leave plan.
- HB 527, replacing the statewide education property tax with a local revenue contribution.
- HB 595, relative to coastal resilience zones.
- HB 596, relative to reporting requirements for entities that collect meals and rooms taxes.
- HB 629, funding the operation maintenance and repair of state dams.
- HB 635, relative to taxing non-profit entities who settle illegal immigrants as for-profit entities.
- HB 659, establishing the New Hampshire college graduate retention incentive program.
- HB 669, relative to requiring all revenue raised under the statewide education property tax to be deposited in the education trust fund and setting an equalized statewide tax rate.
- HB 675, increasing the total revenue raised under the statewide education property tax, requiring municipalities to remit excess statewide education property tax payments to the department of revenue administration, limiting the authority of school districts to make certain appropriations, and increasing base adequacy costs per pupil. to the authority of local school districts to accept federal grants.
- HB 688, authorizing municipalities to tax charitable gaming facilities based on their enterprise value.
- HB 696, exempting electricity generators from the utility property tax and including them
under the statewide education property tax, and relative to communications services tax revenues. - HB 721, relative to establishing gold and silver as legal tender.
- HB 734, relative to the state education property tax and the low- and moderate-income.
- HB 739, relative to excess funds paid to municipalities for the use of school districts.
- HB 769, relative to the base annual cost per pupil of providing the opportunity for an adequate education and statewide education property tax rate.
- HB 772, establishing a foundation opportunity budget program for funding public education.
- HB 782, expanding property tax exemptions for certain elderly and disabled persons; raising public awareness regarding tax credits and exemptions; and requiring an annual report regarding the efficacy of the low- and moderate-income homeowners property tax relief program.
Senate Bills
- SB 63, relative to funding for the division of travel and tourism.
- SB 80, consolidating licensing, auditing, and enforcement responsibilities for wholesale and retail e-cigarettes sales under the liquor commission.
- SB 83, establishing an elderly, disabled, blind, and deaf property tax exemption reimbursement fund, authorizing video lottery terminals, renaming the lottery commission, and creating a voluntary statewide self-exclusion database.
- SB 91, allowing one-time special appraisals of residences located in commercial zones.
- SB 98, extending the donations to regional career and technical education center programs.
- SB 168, regulating online gambling and directing net proceeds to reimburse municipalities for elderly tax exemptions.
- SB 170, relative to residential property subject to housing covenants under the low-income housing tax credit program.
- SB 173, relative to residential property subject to housing covenants under the low-income housing tax credit program.
- SB 276, relative to raising the life sciences research and development tax credit.
- SB 277, relative to the application of utility property taxes and statewide education property taxes to electric generating facilities.
- SB 286, creating the New Hampshire office of film and creative media.
2024 Quick Guides
House Bills
- HB 450, relative to removing the net operating loss deduction limit on taxable income under the business profits tax.
- HB 1128, relative to the definition of a scholarship organization for purposes of the education
tax credit. - HB 1191, relative to the establishment of an exemption to the meals and rooms tax for
participants in the restaurant voucher program. - HB 1193, relative to the establishment of a childcare tax credit program.
- HB 1422, relative to the rates of the business profits tax, business enterprise tax,
communications service tax, and meals and rooms tax. - HB 1449, relative to prohibiting the board of tax and land appeals from ordering retroactive reappraisals
outside of the years in question or relying on the department of revenue
administration to provide investigative services. - HB 1492, relative to the rate and exemptions of the interest and dividends tax.
- HB 1498, relative to establishing a state short term rental registry.
- HB 1514, relative to excess funds paid to municipalities for the use of school districts.
- HB 1515, reduces the meals and rooms tax rate for taxable meals from 8.5 percent to 7.5 percent
and sets a minimum amount of revenue apportioned to towns. - HB 1517, relative to the statewide education property tax and excess revenue from games of
chance. - HB 1531, relative to allowing a business profits tax adjustment for the depreciation deduction permitted under Internal Revenue Code Section 168(k).
- HB 1533, relative to the safe harbor compensation amount under the business profits tax.
- HB 1536, relative to increasing the amount of the expense deduction allowed against the business profits tax.
- HB 1551, relative to distinguishing between C corporations and S corporations for purposes of calculating business profits taxes.
- HB 1563, relative to the education property tax and the authority of political subdivisions.
- HB 1586, establishing a foundation opportunity budget program for funding public education.
- HB 1633, relative to the legalization and regulation of cannabis and making appropriations therefor.
- HB 1635, relative to the definition of short-term rental.
- HB 1670, relative to including all special education costs under state education grants.
- HB 1674, relative to establishing the New Hampshire legal tender act and establishing a state
bullion depository. - HB 1709, establishing a tax on land used for carbon credits.
Senate Bills
- SB 305, relative to allowing wholesalers of cigarettes to retain tax revenue collected for package of cigarettes with tax stamps sold.
- SB 434, establishing the extended stay housing program and exempting participating businesses
from the tax on meals and rooms. - SB 466, relative to establishing 2 noise barrier programs and the noise barrier construction fund
and makes appropriation to the fund. - SB 584, relative to application of the utility property tax to certain renewable electric generating facilities, and relative to communications services tax revenues.
- SB 585, relative to a property lien resulting from unpaid meals and rooms taxes.
2023 Quick Guides
House Bills
- HB 15, relative to the rate of the business enterprise tax.
- HB 100, repeal the interest and dividends tax.
- HB 121, relative to worldwide combined reporting for unitary business under the business
profits tax. - HB 133, relative to repealing the communications services tax.
- HB 192, relative to the rate and exemptions of the interest and dividends tax.
- HB 288, relative to taxation of sole proprietorship businesses.
- HB 450, relative to removing the net operating loss deduction limit on taxable income under the
business profits tax. - HB 510, relative to removing the exemption for premium cigars from the tobacco tax.
- HB 568, relative to assessing all state adequate education and local education costs through the
state education warrant. - HB 569, relative to the state education property tax and the low and moderate income homeowners
property tax relief program. - HB 649, repealing the collection of the state education property tax.
Senate Bills
2022 Quick Guides
House Bills
- HB 1204, reducing the rate of the meals and rooms tax and increasing the revenue sharing of meals and rooms tax revenue with municipalities.
- HB 1221, relative to the rates of the business profits tax and the business enterprise tax.
- HB 1430, repealing the tax on rentals of motor vehicles under the meals and rooms tax.
- HB 1500, reducing the rate of the communications services tax and repealing the tax in 2025.
- HB 1541, establishing a deferral from the business profits tax and the business enterprise tax for qualified limited liability startups.