HB1102 Increasing the research and development tax credit cap.
Increasing the research and development tax credit cap.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Mixed
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Could attract higher-paying R&D jobs to NH and stimulate economic growth, though it reduces state tax revenue in the short term.
Your Community
R&D investment drives innovation and creates skilled jobs, though the benefits tend to concentrate in areas with existing tech infrastructure.
Your Freedom
Reduces the tax burden on businesses investing in innovation, letting them keep more of their earnings for R&D.
Status
Conference Committee Report 2026-2056c: Adopted, Voice Vote 06/04/2026 House Journal 15
Sponsor
John Janigian (R)
The Short Version
Would increase the cap on NH's research and development tax credit, allowing businesses to claim larger tax breaks for R&D investment. This incentivizes innovation and could help NH compete for high-tech businesses.
Who's Behind This Bill?
Who Benefits
- ▲ Technology and innovation companies
- ▲ R&D workers
- ▲ NH's economic competitiveness
Who Pays the Price
- ▼ State revenue (increased tax credit claims)
- ▼ Other taxpayers who indirectly subsidize corporate R&D
Bill statuses as of May 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.