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SB 55 · 2025 · Senate · Commerce Committee

Tax exemption for housing projects

AI-generated

providing temporary exemptions from the land use change tax for qualifying housing projects.

Provides temporary exemptions from the land use change tax for housing projects that meet specified qualifying criteria.AI-generated

Status

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

Analysis

This bill provides temporary exemptions from the land use change tax for qualifying housing projects.

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

“Any qualifying housing project that has received approval by a municipal planning board, in compliance with RSA 674, shall be exempt from the land use change tax under RSA 79-A:7.”
RSA 79-A:7-a
“Any project approved prior to the effective date shall not qualify for a land use change tax exemption.”
RSA 79-A:7-a
“Any qualifying project that fails to satisfy the following conditions shall forfeit its eligibility for an exemption from the land use change tax:”
RSA 79-A:7-a
“Municipal assessing officials shall have the authority to administer the provisions of this section and verify compliance with project completion requirements.”
RSA 79-A:7-a

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Timothy LangRPrimeMajority Whip
  • Sen. Bill GannonRChair· Judiciary
  • Sen. Daniel InnisRChair· Commerce
  • Sen. Howard PearlRChair· Executive Departments and Administration
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Sen. Victoria SullivanRVice Chair· Education
  • Rep. Joe AlexanderRChair· Housing

Also: Sen. Tim McGoughR, Sen. David WattersD, Rep. Jess EdwardsR

Public testimony

No one submitted online testimony on this bill. See the record

Votes

yeanay
Starting text: Bill as introduced
  • Mar 20, 2025SenateCommittee report: Inexpedient to Legislate6–0
    Overall
    100% yea
  • Mar 20, 2025SenateVoice voteInexpedient to Legislateadopted

Hearings and debates

  • Jan 23, 2025Public hearingSenate Commerce59:09–1:04:054m 56slocated in the stream transcriptHearing
  • Mar 20, 2025Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Inexpedient to Legislate; Inexpedient to Legislate — adopted, voice vote

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Commerce; SJ 3
  2. Jan 23, 2025SenHearing: 01/23/2025, Room 100, SH, 10:10 am; SC 7
  3. Mar 20, 2025Sen: Inexpedient to Legislate, 03/20/2025, Vote 6-0, CC; SC 13
  4. Mar 20, 2025SenInexpedient to Legislate, MA, VV === BILL KILLED ===; 03/20/2025; SJ 8

Coverage

No reporting linked yet.

Documents (PDF)

  • Introducedversion

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