HB1629 Repealing the business enterprise tax.
Repealing the business enterprise tax.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
While businesses would save on taxes, the revenue loss would likely force cuts to state services or shift tax burden to property taxpayers.
Your Community
Loss of hundreds of millions in state revenue would devastate funding for education, infrastructure, and public services.
Your Freedom
Reduces tax burden on businesses, expanding economic freedom for NH companies.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 02/05/2026 House Journal 3 P. 23
Sponsor
Aidan Ankarberg (I)
The Short Version
Would completely repeal NH's business enterprise tax (BET), one of the state's two main business taxes. The BET generates hundreds of millions in revenue annually, and its repeal would create a massive state budget shortfall without an identified replacement.
Who's Behind This Bill?
Who Benefits
- ▲ NH businesses paying the enterprise tax
- ▲ Large employers with high payroll and compensation costs
Who Pays the Price
- ▼ All residents who depend on state-funded services
- ▼ Schools and municipalities that receive state aid
- ▼ Property taxpayers who would face higher local taxes
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.