Senate Ways and Means (02/04/2026)

New Hampshire Senate Ways and Means Committee · February 4, 2026

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Opening: HB 155 introduced by prime sponsor Rep. Joe Sweeney

Presentation

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Chair opens a public hearing on House Bill 155; Representative Joe Sweeney of Salem (Rockingham District 25) introduces the bill to lower the business enterprise tax (BET) rate from 0.55% to 0.50%, frames it as (a) continuation of prior tax reductions, (b) a tool to attract businesses and (c) relief for small businesses; he offers to take questions.

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Senate Ways and Means Committee held public hearings on House Bill 155 (reducing the business enterprise tax rate), several technical tax bills and a proposed childcare-related tax credit. Testimony included the bill sponsor, business-advocacy supporters, fiscal experts urging caution, and multiple residents and advocates warning of revenue loss and impacts on housing, childcare and education.

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Transcript

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