relative to the formula of distribution of revenue from the meals and rooms tax.

Summary

The bill earmarks 30% of New Hampshire’s meals and rooms tax each year into a new municipal revenue fund. It then distributes that money to cities, towns, unincorporated towns and unorganized places using a formula that adjusts population for tax‑exempt housing and compares average property values to a $500,000 threshold. The aim is to direct more resources to lower‑valued communities.

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