New Hampshire HB 1707: expanding the family-centered early supports and services (FCESS) program to children under the age of 3 who are born substance-exposed.

Bill Text

HB 1707-FN - AS INTRODUCED

2026 SESSION

 26-2613

 07/06

HOUSE BILL 1707-FN

AN ACT creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.

SPONSORS: Rep. Read, Rock. 10; Rep. Wheeler, Hills. 33; Rep. H. Howard, Straf. 4

COMMITTEE: Ways and Means

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ANALYSIS

 This bill creates an additional property tax for certain unoccupied properties and creates a housing transfer tax exemption for certain low- and moderate-income home buyers.

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Explanation: Matter added to current law appears in bold italics.

 Matter removed from current law appears [in brackets and struckthrough.]

 Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

 26-2613

 07/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.

Be it Enacted by the Senate and House of Representatives in General Court convened:

 1 New Section; Taxation; Persons and Property Liable to Taxation; Supplemental Residence Tax. Amend RSA 72 by inserting after section 6-a the following new section: 

 72:6-b Unoccupied Housing Tax. Any owner of property that is unoccupied for at least 6 months of the tax year, or is occupied as a short-term rental for at least 6 months of the tax year, shall be required to pay to the department of revenue administration a sum equal to the total of all property taxes, fees, and interest owed on that property to any municipality, city, town, village, or unincorporated place. 

 2 New Section; Taxation; Tax on Transfer of Real Property; Transfer Tax Exemption. Amend RSA 78-B by inserting after section 13 the following new section: 

 78-B:14 Transfer Tax Exemption. 

 I. There shall be a one-time exemption allowed against the entirety of the tax due under this chapter in any given tax year. 

 II. No exemption shall be allowed under this section unless the person applying therefor: 

 (a) Is the buyer of a property; 

 (b) Does not currently own any other property; and

 (c) Has a household with an income for the preceding year of no more than 100 percent of the median income for a 3-person household for the metropolitan area or county in which the housing is located as published annually by the United States Department of Housing and Urban Development; or

 (d) Is the owner of a property being sold to a qualifying buyer under subparagraphs (a) and (b). 

 3 Effective Date. This act shall take effect April 1, 2027. 

 LBA

 26-2613

 12/10/25

HB 1707-FN- FISCAL NOTE

AS INTRODUCED

AN ACT creating an additional property tax for certain unoccupied properties and creating a housing transfer tax exemption for certain low- and moderate-income home buyers.

FISCAL IMPACT: This bill does not provide funding, nor does it authorize new positions.

 Estimated State Impact

FY 2026

FY 2027

FY 2028

FY 2029

 Revenue

$0

Indeterminable 

 Revenue Fund(s)

General Fund and Education Trust Fund

 Expenditures*

$0

$300,000

$0

$0

 Funding Source(s)

General Fund

 Appropriations*

$0

$0

$0

$0

 Funding Source(s)

None

 *Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill

METHODOLOGY:

This bill creates the Supplemental Residence Tax (SRT), also referred to as an Unoccupied Housing Tax, which would apply to properties that are either unoccupied or used as short-term rentals for at least six months of the tax year. Owners of these properties would be required to pay an amount equal to the total of all property taxes, fees, and interest owed to municipality, city, town, village, or unincorporated place. The bill establishes a one-time exemption from the Real Estate Transfer Tax (RETT) for a person who, is the buyer of a property, does not currently own any other property, has a household income, for the previous year, that does not exceed the average income for a three-person household in the county or metropolitan area where the home is located, as determined annually by the U.S. Department of Housing and Urban Development (HUD), as well as for sellers transferring property to such qualifying buyers

The Department of Revenue Administration (DRA) states this bill would result in an indeterminable increase in general fund revenue due to the new SRT, beginning in FY 2028, and an indeterminable decrease in both general fund and education trust fund revenue due to the RETT exemption, beginning in FY 2027. DRA is unable to estimate the potential reduction resulting from the exemption due to a lack of clarity regarding its intended application and the absence