HB 1709 (2024)
Study effects of forest carbon programs on local tax revenue
Summary:
Establishes a yield tax of 10% on land used for carbon credits generated from carbon-storing activities related to the conservation and management of forests.
The House rewrote the bill. The new bill establishes a commission to study the effects of forest carbon programs on local tax revenue.
Bill Became Law?:
No
Status:
Status Detail:
Killed in the Senate
Public Hearing Date:
04/09/2024 09:50 am
Public Hearing Location:
SH Room 103
House Voting Date:
03/21/2024
Senate Voting Date:
05/02/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1700&inflect=2
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