HB1102 raises the research and development tax credit cap and limits state park fees for residents.
HB1102 increases the cap on the research and development tax credit from $7,000,000 to $10,000,000 annually. It also mandates that state park fees for New Hampshire residents should not exceed 50% of the fees charged to nonresidents. Additionally, the bill allows the commissioner to set separate fee schedules for veterans and educational groups. The changes are set to take effect in 2027 and 2028.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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