2026 session. Prime sponsor: David Luneau (D). Status: Sent to interim study.
Starting January 1, 2027, the bill would deduct up to $300,000 from the assessed value of an owner-occupied primary residence for the statewide education property tax. Owners must be New Hampshire residents who lived in the home by January 1 of the preceding tax year and apply to the local assessor by April 15. Rented, commercial, and corporate or partnership-owned properties would not qualify. The exemption could be combined with other homestead exemptions.
The House Ways and Means Committee held a public hearing on January 28, 2026, and voted 17-0 on March 2 to refer the bill for interim study. The House agreed by voice vote on March 11. On October 6, 2026, the interim study report found it not recommended for future legislation, by a vote of 13-1.