HB1380 Requiring the assessment of real property and land be based on replacement or cost-based value.
Requiring the assessment of real property and land be based on replacement or cost-based value.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Switching assessment methods would create winners and losers; older homes in appreciating areas would pay less while newer homes could pay more, distorting the tax burden.
Your Community
Cost-based assessment would disconnect property taxes from actual property values, creating inequities between similar homes in different neighborhoods.
Your Freedom
No direct impact on personal freedoms beyond tax implications.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 02/19/2026 House Journal 5 P. 28
Sponsor
Kelley Potenza (R)
The Short Version
Would have changed property tax assessments from market-based values to replacement/cost-based values. The bill was killed. This would have fundamentally altered how property taxes are calculated across NH.
Who's Behind This Bill?
Who Benefits
- ▲ Owners of older properties in high-value locations
- ▲ Those whose properties have appreciated significantly
Who Pays the Price
- ▼ Owners of newer construction
- ▼ Municipalities facing assessment complications
- ▼ Tax equity advocates
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.