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HB 1380 · 2026 · House · Municipal and County Government Committee

Property assessments based on replacement cost

AI-generated

requiring the assessment of real property and land be based on replacement or cost-based value.

Requires that the assessment of real property and land be based on its replacement- or cost-based value.AI-generated

Status

Killed in the House — Inexpedient to Legislate · February 19, 2026
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill requires that the assessment of real property and land be based on its replacement- or cost-based value.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Kelley PotenzaRPrime
  • Rep. Claudine BurnhamRDeputy Majority Whip
  • Rep. Jaci GroteDDemocratic Advisor
  • Rep. Jason OsborneRMajority Leader

Also: Rep. Susan DeRoyR, Rep. Jonah WheelerD

Public testimony

12 signed in online · 2 wrote testimony

58% support42% oppose0% neutral

In their wordsVerbatim, exactly as submitted

Considering the real estake market has been out of control since covid, I definately support property assesments to be based on the actual replacement values that you might get from your insurance, its more fair that way.
Kelly Butler, Gilsumsupports
Property taxes should be based on an actual assessment, not a market value price. What someone "might' pay for a home, isn't what it's actually worth.
Amber Kehoe, Northfieldsupports

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

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-01-309:00 amHouse Municipal and County GovernmentGP 154Public hearing

Legislative history

  1. Jan 7, 2026HouseIntroduced 01/07/2026 and referred to Municipal and County Government HJ 1 P. 18
  2. Jan 30, 2026HousePublic Hearing: 01/30/2026 09:15 am GP 154
  3. Feb 3, 2026HouseExecutive Session: 02/03/2026 11:15 am GP 153
  4. Feb 3, 2026House: Inexpedient to Legislate 02/03/2026 (Vote 18-0; CC) HC 7 P. 17
  5. Feb 19, 2026HouseInexpedient to Legislate: MA VV 02/19/2026 HJ 5 P. 28

Coverage

No reporting linked yet.

Documents (PDF)

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