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NH HB1385
Bill
Status
Introduced
12/4/2025
Primary Sponsor
Jay Markell
Click for details
AI Summary
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Prohibits the New Hampshire Department of Revenue Administration from accepting or setting negative property tax rates for any locality that has minimal or no public education costs in its budget but contains taxable property
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Adds a new section (RSA 21-J:35-a) to state law governing the Department of Revenue Administration
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Targets municipalities where property tax calculations could result in negative rates due to state education funding formulas combined with low local education expenses
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Takes effect immediately upon passage
Legislative Description
Prohibiting the use of negative property tax rates in certain municipalities.
Last Action
Inexpedient to Legislate: Motion Adopted Voice Vote 03/05/2026 House Journal 6
3/5/2026
Committee Referrals
Municipal and County Government12/4/2025
Full Bill Text
No bill text available