The New Hampshire state tax on interest and dividends is basically NH’s “income tax”.

Many elderly people rely on this to fund their retirement, especially if they cannot collect social security.

HB 529 will reduce this tax, although how much is not known at this time. The bill text suggests the tax will be phased out by 2022.

Please support this bill.

Write to the Ways and Means Committee and your Representatives and Senators and tell them to support this bill.