HB1599 Allowing net operating losses to be carried forward in perpetuity following a loss year.
Allowing net operating losses to be carried forward in perpetuity following a loss year.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Benefits businesses with volatile income but could reduce state revenue that funds public services, potentially shifting costs to other taxpayers.
Your Community
Helps businesses survive downturns and maintain jobs, but the revenue impact could affect public services.
Your Freedom
Gives businesses more flexibility in managing their tax obligations across good and bad years.
Status
Full Committee Work Session: 06/15/2026 10:00 am GP 159
Sponsor
John Janigian (R)
The Short Version
Would have allowed businesses to carry forward net operating losses indefinitely rather than for a limited period. Referred for interim study. This helps businesses recover from bad years but reduces state tax revenue.
Who's Behind This Bill?
Who Benefits
- ▲ Businesses with volatile income
- ▲ Startups that often have early-year losses
- ▲ Economic recovery in downturns
Who Pays the Price
- ▼ State revenue from reduced future tax collections
- ▼ Other taxpayers who may bear shifted costs
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.