NH HB417

Reduces the New Hampshire communications services tax rate from 7% to 4% for both intrastate and interstate communications services, effective July 1, 2025

Completely repeals the communications services tax (RSA 82-A) effective July 1, 2026

Removes references to the communications services tax from various related statutes, including penalty provisions, tax expenditure reports, and public utility taxation laws

Fiscal impact estimated as an indeterminable decrease in General Fund revenue, with FY 2024 CST revenue of $30.6 million serving as a baseline; if revenue remained constant, the reduction would be approximately $7.7 million in FY 2026 and $30.6 million annually thereafter