HB1300 establishes a local tax cap for school districts and a fixed cap on central office administrative budgets in New Hampshire, with votes in 2026.

HB1300 introduces a local tax cap for school districts and a fixed cap on central office administrative budgets in New Hampshire. During the November 2026 and November 2028 state general elections, towns and wards will vote on limiting property tax growth for school districts. If approved, the local tax cap will prevent property tax growth beyond the prior year's amount, adjusted for inflation and new construction. The fixed cap limits central office spending to 6% of total school district appropriations, excluding bonded capital costs.

HB1300 establishes a local tax cap for school districts and a fixed cap on central office administrative budgets in New Hampshire, with votes in 2026.

HB1300 introduces a local tax cap for school districts and a fixed cap on central office administrative budgets in New Hampshire. During the November 2026 and November 2028 state general elections, towns and wards will vote on limiting property tax growth for school districts. If approved, the local tax cap will prevent property tax growth beyond the prior year's amount, adjusted for inflation and new construction. The fixed cap limits central office spending to 6% of total school district appropriations, excluding bonded capital costs.