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SB 404 · 2026 · Senate · Ways and Means Committee

Economic revitalization zone tax credits

AI-generated

relative to economic revitalization zone tax credits.

Changes the eligibility criteria and award process for economic revitalization zone tax credits.AI-generated

Status

Died on the table in the Senate · March 12, 2026
  1. ✓Introduced
  2. ✕Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill makes changes to the eligibility and award of economic revitalization tax zone credits.

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

“Each economic revitalization zone shall be evaluated every [5] 8 years to determine if it meets the criteria required in RSA 162-N:2.”
RSA 162-N:2-a
“Amounts carried forward pursuant to RSA 162-N:7 shall not be counted against this limit in any year in which they are applied.”
RSA 162-N:5
“For the purpose of determining the economic revitalization zone tax credit that the taxpayer is eligible to receive, the amount of the credit to be taken shall be the sum of the following:”
RSA 162-N:6
“The economic revitalization zone tax credit shall be applied against the business profits tax under RSA 77-A, and any unused portion thereof may be applied against the business enterprise tax under RSA 77-E.”
RSA 162-N:7

Official record

gc.nh.gov · the authoritative source

Sponsors

Sen. James GrayRPrimeChair· Election Law and Municipal Affairs

Public testimony

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

Votes

yeanay
Starting text: Bill as introduced
  • Feb 19, 2026SenateCommittee report: Ought to Pass5–0
    Overall
    100% yea
  • Feb 19, 2026SenateVoice voteOught to Passadopted
  • Mar 12, 2026SenateCommittee report: Ought to Pass7–0
    Overall
    100% yea
  • Mar 12, 2026SenateVoice voteOught to Passadopted
  • Mar 12, 2026SenateVoice voteSen. Gray Moved Laid on Tableadopted

Hearings and debates

  • Jan 21, 2026Public hearingSenate Ways and Means18:44–20:091m 25slocated in the stream transcriptHearing
  • Feb 19, 2026Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote
  • Mar 12, 2026Floor debateSenate floor55:49–58:012m 12slocated in the stream transcriptCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote; Sen. Gray Moved Laid on Table — adopted, voice vote

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

Legislative history

  1. Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Ways and Means; SJ 1
  2. Jan 21, 2026SenHearing: 01/21/2026, Room 122-123, SH, 09:05 am; SC 2
  3. Feb 19, 2026Sen: Ought to Pass, 02/19/2026; Vote 5-0; CC; SC 6
  4. Feb 19, 2026SenOught to Pass: MA, VV; Refer to Finance Rule 4-5; 02/19/2026; SJ 4
  5. Mar 12, 2026Sen: Ought to Pass, 03/12/2026, Vote 7-0; SC 9
  6. Mar 12, 2026SenOught to Pass: MA, VV; 03/12/2026; SJ 6
  7. Mar 12, 2026SenSen. Gray Moved Laid on Table, MA, VV; 03/12/2026; SJ 6
  8. Mar 12, 2026SenPending Motion OT3rdg; 03/12/2026; SJ 6

Coverage

No reporting linked yet.

Documents (PDF)

  • Introducedversion

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