HB1385 Prohibiting the use of negative property tax rates in certain municipalities.
Prohibiting the use of negative property tax rates in certain municipalities.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Negative tax rates effectively rebate money to taxpayers; prohibiting them could force municipalities to hold excess revenue.
Your Community
Technical tax policy matter affecting a small number of municipalities.
Your Freedom
No meaningful impact on personal freedoms.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 03/05/2026 House Journal 6 P. 29
Sponsor
Jay Markell (R)
The Short Version
Would have prohibited municipalities from using negative property tax rates, which occur when a town generates more revenue than needed. The bill was killed, preserving municipalities' ability to manage their tax structures.
Who's Behind This Bill?
Who Benefits
- ▲ Those seeking uniform tax policy
Who Pays the Price
- ▼ Municipalities using negative rates to return surplus revenue to taxpayers
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.