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HB 530 · 2025 · House · Ways and Means Committee

More transfer tax funds for affordable housing

AI-generated

increasing the amount of revenue transfered from the real estate transfer tax to the affordable housing fund.

Increases the amount of revenue transferred to the affordable housing fund from the real estate transfer tax.AI-generated

Status

Died on the table in the House · March 27, 2025
  1. ✓Introduced
  2. ✕House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill increases the amount of moneys transfered to the affordable housing fund from the real estate transfer tax.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. Jessica LaMontagneDPrimeDeputy Ranking Member· Health, Human Services, and Elderly Affairs
  • Rep. Hope DamonDDeputy Ranking Member· Education Funding
  • Rep. Ellen ReadDDeputy Ranking Member· Housing

Public testimony

100 signed in online · 15 wrote testimony

88% support12% oppose0% neutral

In their wordsVerbatim, exactly as submitted

“I support this bill to increase the amount of revenue transferred from the real estate transfer tax to the affordable housing fund.”
— Kristen Collins, Portsmouth · Wentworth Senior Livingsupports
“Affordable housing is one of the biggest barriers to folks moving to NH”
— Lynn Coakley, Milfordsupports
“Affordable Housing is such a crisis in New Hampshire that worsens other social problems. The bill does not increase the amount of real estate transfer tax but rather reallocates $5 million dollars to help increase affordable housing.…”
— Bennett Mortell, Unitysupports
“I oppose this bill, as an annual $50,000 cap on charitable gaming revenues would negatively and significantly impact NH non-profit organizations' abilities to continue providing vital services to their constituents.”
— Lisa Kress, Bedfordopposes
“Stop gifting taxpayer treasury to multimillionaire developers. They need to risk their own money on selling their buildings. We are capitalism, not socialism.”
— Daniel Richardson, Nashuaopposes
“Nonprofits rely upon these revenues to provide critical services for our communities.…”
— Kathleen Turner, Hampsteadopposes

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-02-0410:00 amHouse Ways and MeansLOB 202-204Public hearing
  • 2025-02-112:00 pmHouse Ways and MeansLOB 202-204Public hearing

Legislative history

  1. Jan 9, 2025HouseIntroduced (in recess of) 01/09/2025 and referred to Ways and Means HJ 3 P. 14
  2. Feb 4, 2025HousePublic Hearing: 02/04/2025 10:00 am LOB 202-204
  3. Feb 11, 2025HouseExecutive Session: 02/11/2025 02:00 pm LOB 202-204
  4. Feb 11, 2025HouseMajority : Inexpedient to Legislate 02/11/2025 (Vote 11-9; RC) HC 17 P. 69
  5. Feb 19, 2025HouseMinority : Ought to Pass
  6. Mar 27, 2025HouseLay HB530 on Table (Rep. Sweeney): MA VV 03/27/2025 HJ 11 P. 102
  7. Dec 17, 2025HouseDied on Table, Session ended 12/17/2025 HJ 19

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.