NH House Testimony

HB1546

House · 2026 sessionBipartisanKilled in House

Repealing the business profits tax

AI

Repeals the state's business profits tax and removes all related statutory references across tax administration, revenue distribution, financial disclosure, and penalty provisions.

repealing the business profits tax.

Taxes - StateBusiness and Industry

Status

Killed in the House — Inexpedient to Legislate · February 5, 2026
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Division of testimony

280 submissions
Support 8Oppose 272Neutral 0

Argument digest · AI-generated

from 75 of 75 written submissions

HB1546 would repeal New Hampshire's business profits tax (BPT). Nearly all submitted testimony opposes repeal, arguing the BPT is one of the state's largest sources of general fund revenue that funds schools, infrastructure, and public services, that losing it would force higher property taxes or service cuts, and that cutting a major revenue source is fiscally irresponsible while the state already faces a budget deficit; the lone qualified support voice would only back repeal alongside matching spending cuts.

Generated by claude-sonnet-5 (claude code agent) on Jul 22, 2026. Quotes are verbatim excerpts, verified against the cited submission before publication. Summaries are AI interpretation of the record, not part of it.

Robert DrysdaleOpposeHanover, NHfor MyselfJan 21, 2026

We are in a financial crisis. This is not the time to be eliminating taxes.

Donna SeigelOpposeNorth Hampton, NHfor MyselfJan 21, 2026

Please do not give away any more revenue. The state needs it. The poor people need help,

Deanna LussierOpposeRumney, NHfor MyselfJan 21, 2026

I oppose this bill.

Johnna DavisOpposeGilford, NHfor MyselfJan 21, 2026

Please stop the downshifting. Taxpayers can't handle much more.

Kathleen BeanOpposeDurham, NHfor MyselfJan 21, 2026

This will result in higher property taxes making NH even less affordable for people of all ages.

Patricia HuntOpposeFranconia, NHfor MyselfJan 21, 2026

You have already stripped the state budget to practically nothing - you cannot further reduce business taxes and leave ordinary working people to fund the state. Business benefit from plowed roads, fixed bridges and educated citizens - they should pay taxes!

Gregory DavisOpposeSalem, NHfor MyselfJan 21, 2026

NH is revenue poor. This only lessens the state needed income.

Catherine Robertson-SouterOpposeSeabrook, NHfor MyselfJan 21, 2026

Why are we cutting taxes for the many multinational corporations in NH while putting more tax burden on homeowners? We really don't want to have no services left do we? That may sound good to some but most of us would disagree if we lost our schools, libraries, roads, police and fire! Never mind services for the elderly, disabled, low-income, or mentally ill.

Sarah OxnardOpposeExeter, NHfor MyselfJan 21, 2026

The state if NH is running a deficit and we need more sources of revenue! The Business Profits tax mostly collect revenue from affluent businesses and is a good way to put NH in the black. do NOT repeal the Business Profits Tax! we need the money to pay for public education ad NH HHS etc.

Debrah HowesOpposeBow, NHfor American Federation of Teachers - NHJan 21, 2026

The State of New Hamshire has obligations to its public school students to provide sufficient funding to allow for provision of an constitutionally adequate education in each of our local district public schools. That obligation is still not being met, as recent court cases have proven, yet again. The State also has an obligation to its most vulnerable citizens to ensure they have access to the supports and health care they need to live. The state must maintain roads and bridges for the safety of the public, and many other obligations. Why would it make sense to repeal one of the State's major sources of revenue? We urge you to find HB 1546 Inexpedient to Legislate.

Sarah ChadzynskiOpposeLyndeborough, NHfor MyselfJan 21, 2026

We can’t keep removing funding sources and putting the tax burden on working families here the granite state. We are already pricing our youth, families, and seniors out of NH through increased property taxes. We can’t keep trying to balance the budget on the backs of the working class.

Katie DeAngelisOpposeNottingham, NHfor MyselfJan 21, 2026

Stop cutting our state's revenue. Do you want higher property taxes?? Because this is how you get higher property taxes!

Maura AdamsOpposeDeerfield, NHfor MyselfJan 21, 2026

Our state needs revenue, and cutting a major source is fiscally irresponsible.

Conni WhiteOpposePortsmouth, NHfor MyselfJan 21, 2026

I am writing to oppose the proposed repeal of New Hampshire’s Business Profits Tax (BPT). The BPT generates hundreds of millions of dollars annually for the state and is one of the largest sources of unrestricted General Fund revenue. These funds support core services including public education, transportation infrastructure, health and human services, and public safety. Repealing the BPT would create a significant and permanent revenue gap that would need to be filled through higher property taxes, new fees, or cuts to essential services. New Hampshire already ranks among the most business-friendly states in the nation, with no broad-based income or sales tax. The BPT applies only to businesses with profits above a threshold and is paid primarily by large, profitable corporations, not small or struggling businesses. Repeal would therefore deliver the greatest benefit to the most profitable firms, while shifting costs onto residents and municipalities. Local property taxes already account for the majority of education funding in New Hampshire. Eliminating a major state revenue source would further increase pressure on cities and towns, worsening property tax burdens for homeowners and renters alike. For these reasons, I urge you to oppose this bill and maintain a balanced tax structure that asks profitable businesses to contribute fairly to the public systems they rely on.

Corinne GordonOpposeSalem, NHfor MyselfJan 21, 2026

Srsly where does money for the state even come from at this point? Can't keep repealing every tinsiest tax!

wendy larsonOpposeKensington, NHfor MyselfJan 21, 2026

How will this revenue be made up? As NH is in a decifit and spending recklessly with the EFA'S, this is not the time to be cutting any revenue source. Less money coming into the state= more pressure on property owners/ property taxes which are hurts our towns and schools. This makes no sense at all. Respectfully, Wendy Larson

Susan MayerOpposeLee, NHfor MyselfJan 21, 2026

This tax cut is utterly irresponsible. The state is already operating at a deficit and this bill wants to cut revenues? What kind of idiocy is this? NH needs the revenue. How do you expect to pay for the out-of-control school voucher boondoggle that Republicans have gifted to private and religious school parents? Not only should there be no more business tax cuts but the earlier ones should be reversed. I don't understand why Republicans are trying to bankrupt the state.

Bill KingstonOpposeNew Castle, NHfor MyselfJan 21, 2026

Repealing this tax is a stupid idea. The State is running a huge deficit and this will put us further in the hole.

Regan LamphierOpposeNashua, NHfor MyselfJan 21, 2026

The state of New Hampshire should support and defend the rights of its citizens - including the right to marry.

Susan HolcombeOpposeHanover, NHfor MyselfJan 21, 2026

It seems rather foolish to repeal the business profits tax when the state faces fiscal challenges. This will increase financial pressure on property poor towns.

Kevin FlemingOpposeExete, NHfor MyselfJan 21, 2026

Repealing the business profits tax is irresponsible and just wrong.

Catharine FarkasOpposeSanbornton, NHfor MyselfJan 21, 2026

STRONGLY OPPOSE! We need this revenue!

Kirsten HuggerOpposeMont Vernon, NHfor MyselfJan 21, 2026

The state needs a variety of different tax sources to ensure a functioning state government. Cutting this tax only serves to increases property taxes and increase the tax burden on home owners.

Mary PhilippyOpposeGoffstown, NHfor MyselfJan 21, 2026

The revenue is needed. Too many programs have had their funds cut already.

Barbara Callaway65@gmail.comOpposeHanovet, NHfor MyselfJan 21, 2026

The sate needs revenue. We should not do away with this established source of revenue for the state.