We Forced a Step Back on HB 155.
Now We Finish It.
HB 155 ACTION CENTER
Stopping HB 155 will take coordinated action across communities. Here are the most important steps Granite Staters can take this week to build momentum and protect local services.
House leadership already said they plan to reinsert the corporate tax cut during final negotiations. If lawmakers stop hearing from the public, they’ll assume people stopped paying attention. Let’s make sure that doesn’t happen.
What is HB155?
HB 155 Is a Corporate Tax Cut—Paid for by Our Communities
If passed, it would cut New Hampshire’s Business Enterprise Tax (BET) — a tax already reduced by nearly 27% since 2015. Lowering the BET again would hand another major tax break to large corporations while draining millions from the state budget.
Here’s what the bill does:
Lowers the BET rate from 0.55% → 0.50%
Would have cost the state $26 million in a single year (based on 2023 filings)
Adds to the $795M–$1.17B already lost from business-tax cuts since 2015
Benefits the largest 1% of corporations, not small local businesses
Small businesses would save a mere $28 per month on average
After house republicans advanced HB 155, this bill heads to the Senate for a vote. If it becomes law, it will deepen NH’s fiscal crisis, raise property taxes, and reduce funding for housing, child care, education, and health care.
Why HB155 Matters
New Hampshire is already struggling:
Housing costs have doubled since 2015
Child care for two kids is nearly $30,000/year
Health insurance deductibles are up 300% since 2005
Many families making $100,000+ can’t afford basic needs
HB155 makes this worse. When corporations pay less, property taxpayers pay more. Schools, roads, housing, and health care all lose millions — shifting the burden directly onto working families.
Who Pays the Price?
Every Dollar Lost Is a Dollar We Have to Make Up
Every dollar lost to HB 155 is a dollar Granite Staters have to make up in other ways. It’s a corporate bailout that rigs the system even more in favor of the rich and well-connected while the rest of us pay the price.
What Happening Right Now + What’s Next
The original version of HB 155 would reduce the Business Enterprise Tax and cost the state tens of millions in revenue
Senate lawmakers backed away from the full tax cut after sustained public pressure
Republican Senate Ways & Means Chair Tim Lang called the proposal “fiscally imprudent”
But House leadership already announced plans to restore the corporate tax cut during Committee of Conference negotiations
That means the bill is still alive—and public pressure still matters
Want more ways to get involved?
Check out our toolkit.
Inside, you’ll find everything you need to talk about HB 155 with confidence—clear talking points, shareable facts, and tools to help you organize, mobilize, and take action in your community.