NH HB155

Reduces the Business Enterprise Tax (BET) rate from 0.55% to 0.50% for all taxable periods ending on or after December 31, 2026

Estimated to decrease state revenue by approximately $4.3 million in FY 2026, $19.7 million in FY 2027, and $22.3 million in FY 2028

Revenue reductions will affect both the General Fund and Education Trust Fund

Effective date is July 1, 2025, with the rate change applying to tax years ending December 31, 2026 and later