NH HB1701

Reestablishes the New Hampshire College Graduate Retention Incentive Partnership (NH GRIP) to recruit and retain college graduates by providing financial incentives to work in New Hampshire

Requires participating employers to pay eligible graduates at least $1,000 annually for up to 4 years, with graduates able to direct payments toward student loan repayment

Gives priority to small businesses and employers in sectors with documented workforce shortages, including health care, skilled trades, and technology

Requires the Department of Business and Economic Affairs to develop eligibility guidelines, maintain lists of participating employers, advertise the program, and submit annual reports to legislative committees

Appropriates $1 for FY 2026 and $1 for FY 2027 for advertising, though the fiscal note estimates actual implementation costs of $100,000 to $500,000 annually starting FY 2027