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NH HB1636
Bill
Status
2/12/2026
Primary Sponsor
Thomas Oppel
Click for details
AI Summary
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Department of Revenue Administration must submit a report by October 1, 2026 presenting at least 5 distinct revenue options, each estimated to raise at least $500,000,000 per fiscal year to fund the "minimum conservative threshold" base adequacy as ruled by the NH Supreme Court
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Each revenue option must include detailed analysis covering tax base and rates, revenue projections, administration requirements, legal considerations, and distributional impact on households by income decile and businesses by size and industry
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Report must be submitted to legislative leadership including the speaker of the house, senate president, ways and means committee chairs, minority leaders, and made publicly available
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Department may contract with academic or professional entities to perform the required analysis, with estimated costs ranging from $175,000 to $600,000 from the General Fund in FY 2027
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Bill takes effect upon passage and prohibits disclosure of confidential taxpayer information, requiring all analyses to use aggregated or anonymized data
Legislative Description
Directing the department of revenue administration to study options for generating state revenue.
Last Action
Inexpedient to Legislate: Motion Adopted Regular Calendar 284-76 02/12/2026 House Journal 4
2/12/2026