New Hampshire 2025 Regular Session

New Hampshire House Bill HB202

Introduced
1/7/25  
Refer
1/7/25  

Caption

Relative to the duties of the fish and game commission.

Impact

If enacted, HB202 would significantly modify existing tax laws and impact property owners throughout the state. The bill's provisions for revising property tax assessments are likely to affect many homeowners and businesses, potentially resulting in higher tax obligations for some and adjustments in tax credits for others. This could lead to a re-evaluation of property values across various districts, thereby redistributing the tax burden based on updated assessments. Supporters argue that these changes are necessary to support the state budget during economic downturns, while critics express concerns about the long-term implications for affordability and housing stability.

Summary

House Bill 202, aimed at addressing state revenue shortfalls, proposes a series of reforms in tax regulations and revenue collection methods. The primary objective of the bill is to enhance the efficiency of revenue generation for the state while ensuring that the tax burden is equitably distributed among residents. The legislation outlines specific measures for adjusting property tax assessments and modifying tax credits, intended to increase overall state revenue without imposing disproportionate financial strain on any single group.

Sentiment

The sentiment surrounding HB202 is mixed, with key stakeholders divided on the potential outcomes of the proposed changes. Proponents, primarily from the legislative majority, argue that the bill is essential for maintaining fiscal stability and ensuring that the state can continue to fund vital services without incurring additional debt. Conversely, opponents, including various advocacy groups and some local officials, raise alarms about the potential regressiveness of the tax changes and the burden that increased assessments could place on vulnerable populations, especially low-income families and elderly residents living on fixed incomes.

Contention

The most notable point of contention within the discussions around HB202 centers on the balance between maintaining adequate state revenue and safeguarding the economic interests of individuals and families. Critics argue that adjustments to property tax assessments without corresponding protections for residents could exacerbate inequities and financial distress for those least able to shoulder additional costs. Supporters, however, maintain that the reforms are necessary steps for economic recovery and sustainability, emphasizing a need to prioritize state revenue for essential services over potential short-term inconveniences for property owners.

Companion Bills

No companion bills found.

Previously Filed As

NH HB1148

Relative to the fish and game commission.

NH HB221

Relative to the acquisition of agricultural land development rights and relative to advanced deposit account wagering and relative to the use of game cameras.

NH HB483

To remove the duties of county delegations and delegate them to county commissioners.

NH SB12

Relative to the leasing of seasonal camp lots by the fish and game department.

NH SB14

Relative to the use of game cameras and relative to penalties for controlled drug violations.

NH HB442

Relative to the removal of derelict fishing gear.

NH SB18

Relative to the purchase of duck stamps and the suspension or revocation of a license issued by the fish and game commission.

NH SB543

Establishing the state environmental adaptation, resilience, and innovation council.

NH SB542

Creating a committee to study fish and game department funding and partnerships.

NH HB1228

Relative to establishing a fish and game guides committee to determine qualifications for licensure of fish and game guides.

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