HB1707 Creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.
Creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Mixed
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Transfer tax exemption directly helps lower-income homebuyers save thousands; vacancy tax encourages bringing homes to market.
Your Community
Discourages leaving properties vacant during a housing crisis while making homeownership more accessible for working families.
Your Freedom
Imposes additional taxes on property owners who leave homes vacant, which some view as penalizing property rights.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 02/12/2026 House Journal 4 P. 9
Sponsor
Ellen Read (D)
The Short Version
Would create a higher property tax on unoccupied/vacant properties while exempting low- and moderate-income home buyers from the real estate transfer tax. Targets investors who keep properties empty during a housing crisis while helping first-time buyers.
Who's Behind This Bill?
Who Benefits
- ▲ Low and moderate-income home buyers
- ▲ Communities with vacant housing stock
- ▲ Renters if vacancy tax brings units to market
Who Pays the Price
- ▼ Owners of vacant or seasonal properties
- ▼ Real estate investors holding unoccupied properties
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.