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HB1400 • 2026

creating a property tax exemption and credit opt-out mechanism.

creating a property tax exemption and credit opt-out mechanism.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Jonathan Smith (R), Katy Peternel (R), Len Turcotte (R), Lino Avellani (R), James Spillane (R), Mark McConkey (R), John MacDonald (R)
Last action
2026-02-05
Official status
HOUSE
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

creating a property tax exemption and credit opt-out mechanism.

creating a property tax exemption and credit opt-out mechanism.

What This Bill Does

  • creating a property tax exemption and credit opt-out mechanism.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-05 H

    Inexpedient to Legislate: MA VV 02/05/2026 HJ 3 P. 15

  2. 2026-01-27 H

    Committee Report: Inexpedient to Legislate 01/16/2026 (Vote 16-0; CC) HC 5 P. 12

  3. 2026-01-20 H

    Executive Session: 01/16/2026 10:30 am GP 154

  4. 2026-01-08 H

    Public Hearing: 01/16/2026 10:30 am GP 154

  5. 2025-12-04 H

    Introduced 01/07/2026 and referred to Municipal and County Government HJ 1 P. 18

Official Summary Text

creating a property tax exemption and credit opt-out mechanism.

Current Bill Text

Read the full stored bill text 
HB 1400 - AS INTRODUCED

2026 SESSION
26-3233
04/09

HOUSE BILL
1400

AN ACT
creating a property tax exemption and credit opt-out mechanism.

SPONSORS: Rep. J. Smith, Carr. 5; Rep. Avellani, Carr. 4; Rep. J. MacDonald, Carr. 6; Rep. Peternel, Carr. 6; Rep. Spillane, Rock. 2; Rep. Turcotte, Straf. 4; Sen. McConkey, Dist 3

COMMITTEE: Municipal and County Government

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ANALYSIS

This bill allows property owners to opt out of contributing toward locally adopted property tax credits or exemptions by annually submitting form PA-29, unless they are currently receiving such benefits.

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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.
26-3233
04/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT
creating a property tax exemption and credit opt-out mechanism.

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

1 New Paragraph; Procedure for Adoption, Modification, or Rescission; Opt Out Procedure. Amend RSA 72:27-a by inserting after paragraph IV the following new paragraph:
V. A property owner may opt out of contributing towards all locally adopted property tax credits or exemptions by checking the appropriate box on form PA-29 and submitting that form annually by April 15th. A property owner receiving any locally adopted tax credit or exemption may not opt out.

2 Effective Date. This act shall take effect 60 days after its passage.