# New Hampshire HB123: (Second New Title) defining pre-sequestration timber tax revenue, establishing a moratorium on carbon sequestration and establishing a commission to study the effects of carbon sequestration in New Hampshire forests upon state and local tax revenue, effective forest management, and the health of New Hampshire’s logging industry.

New Hampshire HB123, (Second New Title) defining pre-sequestration timber tax revenue, establishing a moratorium on carbon sequestration and establishing a commission to study the effects of carbon sequestration in New Hampshire forests upon state and local tax revenue, effective forest management, and the health of New Hampshire’s logging industry., is a 2025-2026 Regular Session House bill sponsored by Arnold G Davis (Republican); status signed, last action 2025-07-22 (Signed by Governor Ayotte 07/15/2025; Chapter 164; eff. I. Sec 4 eff 11/01/2027 II. Rem eff 07/01/2025 HJ 18); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/NH-HB123-2025-2026
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Hampshire HB123
- State: New Hampshire
- Session: 2025-2026 Regular Session
- Title: (Second New Title) defining pre-sequestration timber tax revenue, establishing a moratorium on carbon sequestration and establishing a commission to study the effects of carbon sequestration in New Hampshire forests upon state and local tax revenue, effective forest management, and the health of New Hampshire’s logging industry.
- Status: signed
- Chamber: House
- Introduced: 2025-01-06
- Last action: 2025-07-22, Signed by Governor Ayotte 07/15/2025; Chapter 164; eff. I. Sec 4 eff 11/01/2027 II. Rem eff 07/01/2025 HJ 18
- Sponsor: Arnold G Davis (Republican)
- Cosponsors: 5
- Touches household money: yes
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Timber owners face taxes with credits: mixed, low. Beginning April 1, 2025, New Hampshire towns and cities can tax mature, uncut timber as general property. Local assessing officials must find that leaving timber uncut unreasonably deprives the town or city of revenue. The timber must have reached maturity suitable for its use, including timber on…

## Sponsors and cosponsors

- Sponsor: Arnold G Davis (Republican), House
- Cosponsor: Brian D Cole (Republican), House
- Cosponsor: James W Tierney (Republican), House
- Cosponsor: Mike Ouellet (Republican), House
- Cosponsor: Howard Pearl (r), Senate
- Cosponsor: Sean C Durkin (Republican), House

## Actions (24)

- 2025-07-22: Signed by Governor Ayotte 07/15/2025; Chapter 164; eff. I. Sec 4 eff 11/01/2027 II. Rem eff 07/01/2025 HJ 18 (House)
- 2025-07-07: Enrolled (in recess of) 06/26/2025 HJ 18 P. 59 (House)
- 2025-07-03: Enrolled Adopted, VV, (In recess 06/26/2025); SJ 18 (Senate)
- 2025-06-12: House Concurs with Senate Amendment 2025-2133s (Rep. Pauer): MA DV 268-74 06/12/2025 HJ 17 P. 14 (House)
- 2025-05-22: Ought to Pass: MA, VV; OT3rdg; 05/22/2025; SJ 14 (Senate)
- 2025-05-21: Committee Report: Ought to Pass, 05/22/2025; Vote 3-0; CC; SC 22A (Senate)
- 2025-05-15: Hearing: 05/21/2025, Room 100, SH, 09:00 am, on proposed amendment # 2025-2214s; SC 22 (Senate)
- 2025-05-15: Referred to Ways and Means, 05/15/2025; SJ 13 (Senate)
- 2025-05-15: Ought to Pass with Amendment #2025-2133s, MA, VV; 05/15/2025; SJ 13 (Senate)
- 2025-05-15: Committee Amendment # 2025-2133s, AA, VV; 05/15/2025; SJ 13 (Senate)
- 2025-05-13: Committee Report: Ought to Pass with Amendment # 2025-2133s, 05/15/2025; Vote 4-1; CC; SC 21A (Senate)
- 2025-04-29: Hearing: 05/06/2025, Room 103, SH, 09:00 am; SC 20 (Senate)
- 2025-03-24: Introduced 03/20/2025 and Referred to Energy and Natural Resources; SJ 9 (Senate)
- 2025-03-20: Referral Waived by Committee Chair per House Rule 47(f) 03/20/2025 HJ 9 P. 18 (House)
- 2025-03-13: Referred to Ways and Means 03/13/2025 HJ 8 P. 95 (House)
- 2025-03-13: Ought to Pass with Amendment 2025-0654h: MA RC 197-158 03/13/2025 HJ 8 P. 95 (House)
- 2025-03-13: Amendment # 2025-0654h (NT): AA VV 03/13/2025 HJ 8 P. 92 (House)
- 2025-03-13: Lay HB123 on Table (Rep. Osborne): MF DV 171-185 03/13/2025 HJ 8 P. 93 (House)
- 2025-03-11: Removed from Consent (Reps. Kuttab, Popovici-Muller, Boehm, Turcotte, Scully, Perez, D. Kelley, Tom Mannion, Seaworth, Granger) 03/06/2025 HJ 8 P. 2 (House)
- 2025-03-05: Committee Report: Ought to Pass with Amendment # 2025-0654h (NT) 03/03/2025 (Vote 18-0; CC) (House)
- 2025-02-27: Executive Session: 03/03/2025 01:00 pm LOB 301-303 (House)
- 2025-02-12: Public Hearing on non-germane Amendment # 2025-0153h: 02/18/2025 09:50 am LOB 201 (House)
- 2025-02-05: Public Hearing: 02/10/2025 01:00 pm LOB 301-303 (House)
- 2025-01-06: Introduced 01/08/2025 and referred to Municipal and County Government HJ 2 P. 6 (House)

## Bill text

- Enrolled, 2025-07-03: [HTML](https://gc.nh.gov/bill_status/billinfo.aspx?id=106&inflession=2025)
- Introduced, 2025-01-06: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=4672)
- CHAPTERED FINAL VERSION: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16894)
- Version adopted by both bodies: [PDF](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16121)

## Related bills

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- HB1002: repealing the solar energy systems tax exemption. (failed)
- HB1834: relative to the education freedom account enrollment cap. (failed)
- SB101: (Second New Title) authorizing parents to enroll their children in any public school in the state. (failed)
- CACR22: relating to the compensation of the legislature. Providing that the present compensation per elected term for legislators is hereby abolished. (failed)
- HB1786: relative to creating a state assessment on non-homestead luxury second homes to fund statewide housing development programs and address housing shortages and m… (failed)

## Sources
- [Enrolled (HTML)](https://gc.nh.gov/bill_status/billinfo.aspx?id=106&inflession=2025)
- [Introduced (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=4672)
- [CHAPTERED FINAL VERSION (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16894)
- [Version adopted by both bodies (PDF)](https://gc.nh.gov/bill_status/pdf.aspx?q=billVersion&id=16121)

## Related
- [HB2026: (New Title) relative to the state 10-year transportation improvement plan; rela…](https://policyrisk.com/state-bill/NH-HB2026-2025-2026)
- [HB1002: repealing the solar energy systems tax exemption.](https://policyrisk.com/state-bill/NH-HB1002-2025-2026)
- [HB1834: relative to the education freedom account enrollment cap.](https://policyrisk.com/state-bill/NH-HB1834-2025-2026)
- [SB101: (Second New Title) authorizing parents to enroll their children in any public s…](https://policyrisk.com/state-bill/NH-SB101-2025-2026)
- [CACR22: relating to the compensation of the legislature. Providing that the present com…](https://policyrisk.com/state-bill/NH-CACR22-2025-2026)
- [HB1786: relative to creating a state assessment on non-homestead luxury second homes to…](https://policyrisk.com/state-bill/NH-HB1786-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/NH-HB123-2025-2026 (as of 2026-10-17).