HB 734 (2025)
Send all statewide education property tax revenue to state for redistribution, increase low income property tax relief
This bill is still active.
Requires towns to send all revenue from the statewide education property tax to the state's General Fund of all tax revenue, rather than keep excess revenue in-town. This bill then modifies the procedure for calculating how much the state sends to each school district for school funding, and increases the total amount of funding each year according to the Consumer Price Index of inflation. The bill then increases eligibility for low- and moderate-income homeowners property tax relief. Lastly, the bill establishes a committee to study the tax relief program.
The data you see here is pulled daily from official government databases. The bill summary is created by Citizens Count staff. Learn more about our methodology for summarizing and updating bills. Visit the official New Hampshire government website for a deep-dive on this bill.
