HB 530 · 2025 · House · Ways and Means Committee
More transfer tax funds for affordable housing
AI-generatedincreasing 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- ✓Introduced
- ✕House
- Senate
- Governor
- 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.
In the bill's words
Quoted verbatim from the bill as introduced. Passages chosen from the operative text.Computed by this site
“Annually, on or before October 1, the commissioner shall direct the state treasurer to transfer the sum of $10,000,000 [$5,000,000] from revenue collected pursuant to the tax imposed by RSA 78-B:1 to the affordable housing fund established in RSA 204-C:57.”
Official record
gc.nh.gov · the authoritative source
Sponsors
- 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.”
“Affordable housing is one of the biggest barriers to folks moving to NH”
“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.…”
“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.”
“Stop gifting taxpayer treasury to multimillionaire developers. They need to risk their own money on selling their buildings. We are capitalism, not socialism.”
“Nonprofits rely upon these revenues to provide critical services for our communities.…”
Verbatim excerpts of submitted testimony, quoted from the testimony tool.
Read the testimony · as of Aug 12, 2026
Votes
yeanay- Feb 11, 2025HouseCommittee report· regular calendar: Inexpedient to Legislate11–9Overall55% yea
- Mar 27, 2025HouseVoice voteLay HB530 on Table (Rep. Sweeney)adopted
Hearings and debates
- Feb 4, 2025Public hearingHouse Ways and Means28:11–30:182m 7slocated in the stream transcriptPublic Hearing
- Feb 11, 2025Public hearingHouse Ways and Means4:26:27–4:33:006m 33slocated in the stream transcriptMajority Committee Report: Inexpedient to Legislate — roll call; Executive Session
- Mar 27, 2025Floor debateHouse floor8:47:41–8:49:061m 25slocated in the stream transcriptLay HB530 on Table (Rep. Sweeney) — adopted, voice vote
- Dec 17, 2025Floor debateHouse floorWatchnot located in the transcript — opens the full streamDied on Table, Session ended
Timestamps locate where this bill is taken up in the chamber's YouTube stream.
Legislative history
- Jan 9, 2025HouseIntroduced (in recess of) 01/09/2025 and referred to Ways and Means HJ 3 P. 14
- Feb 4, 2025HousePublic Hearing: 02/04/2025 10:00 am LOB 202-204
- Feb 11, 2025HouseExecutive Session: 02/11/2025 02:00 pm LOB 202-204
- Feb 11, 2025HouseMajority : Inexpedient to Legislate 02/11/2025 (Vote 11-9; RC) HC 17 P. 69
- Feb 19, 2025HouseMinority : Ought to Pass
- Mar 27, 2025HouseLay HB530 on Table (Rep. Sweeney): MA VV 03/27/2025 HJ 11 P. 102
- 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.