What is HB155?
HB155 Is a Corporate Bailout We Can’t Afford.
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 $23 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
In January, HB155 heads to the House floor for a vote. If it becomes law, it will deepen New Hampshire’s fiscal crisis, raise property taxes, and reduce funding for housing, child care, education, and health care.
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.
JOIN OUR NEXT HB 155 STRATEGY SESSION
Join fellow community members on Monday, January 5th via Zoom for an update on HB 155 and what’s ahead. We’ll break down the upcoming House vote, the momentum we’ve built so far, what comes next as the fight moves to the Senate, and how you can plug in right away to keep the pressure on.
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 HB155 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 We Deserve
Granite Staters Deserve Leaders Who Put Us First
Granite Staters deserve leaders who put working people first—not corporate special interests.
We should be investing in:
Affordable housing
Quality child care
Strong public schools
Accessible health care
—not cutting taxes for wealthy businesses and corporations.
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.