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NH HB1144
Bill
Status
Introduced
12/1/2025
Primary Sponsor
Thomas Schamberg
Click for details
AI Summary
- Doubles the excavation tax rate from $0.02 to $0.04 per cubic yard of earth excavated
- Effective date of July 1, 2027, with fiscal impact not occurring until FY 2030 due to tax year timing
- In tax year 2024, 12.1 million cubic yards of taxable earth were excavated statewide, generating approximately $242,000 in revenue at the current rate
- If the doubled rate had been in effect for 2024, municipalities would have collected an estimated additional $242,000 statewide
- Revenue from the excavation tax is collected and retained at the local municipal level
Legislative Description
Amending theexcavation tax rate.
Last Action
Minority Committee Report: Ought to Pass
2/6/2026
Committee Referrals
Ways and Means12/1/2025
Full Bill Text
No bill text available