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HB 255 · 2025 · House · Ways and Means Committee

More business tax revenue to education fund

AI-generated

increasing the percentage of revenue deposited in the education trust fund from the business profits tax.

Increases the percentage of business profits tax revenue certified for deposit in the education trust fund.AI-generated

Status

Killed in the House — Inexpedient to Legislate · February 20, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill increases the percentage of revenue from the business profits tax certified for deposit in the education trust fund.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Thomas SchambergDPrime

Public testimony

6 signed in online

67% support33% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-2210:00 amHouse Ways and MeansLOB 202-204Public hearing
  • 2025-02-041:30 pmHouse Ways and MeansLOB 202-204Public hearing

Legislative history

  1. Jan 8, 2025HouseIntroduced 01/08/2025 and referred to Ways and Means HJ 2 P. 12
  2. Jan 22, 2025HousePublic Hearing: 01/22/2025 01:30 pm LOB 202-204
  3. Feb 4, 2025HouseExecutive Session: 02/04/2025 01:30 pm LOB 202-204
  4. Feb 4, 2025HouseMajority Committee Report: Inexpedient to Legislate 02/04/2025 (Vote 16-4; RC) HC 12 P. 12
  5. Feb 7, 2025HouseMinority Committee Report: Ought to Pass
  6. Feb 20, 2025HouseInexpedient to Legislate: MA DV 341-29 02/20/2025 HJ 6 P. 22

Coverage

No reporting linked yet.

Documents (PDF)

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