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HB 1660 · 2026 · House · Housing Committee

Housing tax increment financing tools

AI-generated

relative to municipal credit enhancement agreements and tax increment financing for priority housing development.

Enables municipalities to enter into project-based credit enhancement agreements for housing development and clarifies the treatment of equalized valuation for housing-related tax increment financing.AI-generated

Status

Committee recommended Inexpedient to Legislate; died at adjournment · March 4, 2026
  1. ✓Introduced
  2. ✕House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill: I. Enables municipalities to enter into project-based credit enhancement agreements for housing. II. Clarifies equalized valuation treatment for housing-related tax increment financing.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. Daniel VeilleuxDPrimeDeputy Ranking Member· Transportation
  • Rep. Michael EdgarDDeputy Ranking Member· Public Works and Highways
  • Rep. David PaigeDRanking Member· Housing

Also: Rep. Paul DargieD, Rep. James GruberD, Rep. Stephanie GrundD, Rep. Mary MurphyR, Sen. David WattersD

Public testimony

14 signed in online · 1 wrote testimony

79% support21% oppose0% neutral

In their wordsVerbatim, exactly as submitted

“Tax Increment Financing (TIF) statutes structure a scam that proposes municipal infrastructure expenditure is an indirect carrot "incentive" for private property investment to create taxable valuation.…”
— Daniel Richardson, Nashuaopposes

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

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-02-179:30 amHouse HousingGP 231Public hearingrescheduled
  • 2026-03-0310:00 amHouse HousingGP 231Public hearing

Legislative history

  1. Jan 7, 2026HouseIntroduced 01/07/2026 and referred to Housing HJ 1 P. 30
  2. Feb 17, 2026HousePublic Hearing: 02/17/2026 11:30 am GP 231
  3. Mar 3, 2026HouseExecutive Session: 03/03/2026 10:00 am GP 231
  4. Mar 3, 2026HouseMajority : Inexpedient to Legislate 03/03/2026 (Vote 9-8; RC) HC 10 P. 96
  5. Mar 4, 2026HouseMinority : Ought to Pass

Coverage

No reporting linked yet.

Documents (PDF)

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