HB1697 (2024) Detail

(New Title) relative to forest carbon credit programs.


CHAPTER 255

HB 1697-FN - FINAL VERSION

 

22Feb2024... 0482h

05/02/2024   1614s

2024 SESSION

24-3134

08/10

 

HOUSE BILL 1697-FN

 

AN ACT relative to forest carbon credit programs.

 

SPONSORS: Rep. A. Davis, Coos 2; Rep. Ouellet, Coos 3; Rep. Tierney, Coos 1; Rep. S. King, Coos 4; Rep. Cascadden, Coos 5; Rep. Noel, Coos 5

 

COMMITTEE: Science, Technology and Energy

 

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AMENDED ANALYSIS

 

This bill:

 

I.  Requires the department of revenue administration to conduct a study of the issues related to lost timber tax revenue as a result of forest lands located within New Hampshire being enrolled in carbon credit offset programs.

 

II.  Requires the division of forestry to establish and maintain a public registry of all forest lands enrolled in a carbon program.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22Feb2024... 0482h

05/02/2024   1614s 24-3134

08/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT relative to forest carbon credit programs.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

255:1 Department of Revenue Administration; Timber Tax. The department of revenue administration shall conduct a study of the issues related to lost timber tax revenue as a result of forest lands located within New Hampshire being enrolled in carbon credit offset programs. The department shall provide a preliminary report including its findings and any recommendations for proposed legislation to the legislature on or before November 1, 2024, and a final report on or before November 1, 2025.

255:2 New Paragraph; Forest Registry; Rulemaking. Amend RSA 227-G:4 by inserting after paragraph XI the following new paragraph:

XII.(a) Establishment and maintenance of a public registry listing forest lands located within New Hampshire that are enrolled in one or more carbon programs that reflect the land's capacity to remove and store carbon from the atmosphere, including requirements for owners of such land to file a notice of enrollment that includes the following information insofar as the information is already publicly available:

(1) The legal name of the owner of the subject land;

(2) Reference to the tax map and lot number of the subject land;

(3) The name of the program, or program registry or registries, under which the subject land is enrolled;

(4) The date of enrollment in the forest carbon credit program;

(5) The period of enrollment in the forest carbon credit program; and

(6) Acreage of subject land.

(b) The land owner or their agent, or the forest carbon program administer, shall notify the municipality or municipalities where the subject land is located, or the applicable governing body or bodies of the territory in which the land is located, of the filing of a notice pursuant to subparagraph (a).

255:3 Effective Date. This act shall take effect upon its passage.

 

Approved: July 19, 2024

Effective Date: July 19, 2024

 

 

Amendments

Date Amendment
Feb. 8, 2024 2024-0482h
April 23, 2024 2024-1614s

Links


Date Body Type
Jan. 9, 2024 House Hearing
Jan. 22, 2024 House Hearing
Jan. 30, 2024 House Exec Session
Feb. 6, 2024 House Exec Session
Feb. 6, 2024 House Floor Vote
April 9, 2024 Senate Hearing
April 9, 2024 Senate Hearing
May 2, 2024 Senate Floor Vote

Bill Text Revisions

HB1697 Revision: 45692 Date: July 25, 2024, 4:30 p.m.
HB1697 Revision: 42590 Date: May 31, 2024, 8:32 a.m.
HB1697 Revision: 41780 Date: May 2, 2024, 10:57 a.m.
HB1697 Revision: 41707 Date: April 23, 2024, 3:53 p.m.
HB1697 Revision: 41027 Date: March 11, 2024, 11 a.m.
HB1697 Revision: 40780 Date: Feb. 8, 2024, 10:44 a.m.
HB1697 Revision: 40511 Date: Dec. 15, 2023, 4:11 p.m.
HB1697 Revision: 45373 Date: Nov. 9, 2023, 9:09 a.m.
HB1697 Revision: 45374 Date: Nov. 8, 2023, 12:16 p.m.

Docket


July 26, 2024: Signed by Governor Sununu 07/19/2024; Chapter 255; eff. 07/19/2024


July 2, 2024: Enrolled (in recess of) 06/13/2024 HJ 16


July 2, 2024: Enrolled Adopted, VV, (In recess 06/13/2024); SJ 18


May 31, 2024: House Concurs with Senate Amendment 2024-1614s (Rep. Vose): MA VV 05/30/2024 HJ 15 P. 23


May 2, 2024: Ought to Pass with Amendment 2024-1614s, MA, VV; OT3rdg; 05/02/2024; SJ 11


May 2, 2024: Committee Amendment # 2024-1614s, AA, VV; 05/02/2024; SJ 11


April 24, 2024: Committee Report: Ought to Pass with Amendment #2024-1614s, 05/02/2024, Vote 4-0; SC 17


April 3, 2024: Hearing: 04/09/2024, Room 103, SH, 09:30 am; SC 14


April 3, 2024: Hearing: 04/09/2024, Room 103, SH, 09:30 am; SC 14


March 6, 2024: Introduced 02/21/2024 and Referred to Energy and Natural Resources; SJ 6


Feb. 22, 2024: Ought to Pass with Amendment 2024-0482h: MA DV 356-10 02/22/2024 HJ 6 P. 133


Feb. 22, 2024: Amendment # 2024-0482h: AA VV 02/22/2024 HJ 6 P. 133


Feb. 9, 2024: Committee Report: Ought to Pass with Amendment # 2024-0482h (NT) 02/06/2024 (Vote 20-0; RC)


Jan. 31, 2024: ==CONTINUED== Executive Session: 02/06/2024 01:00 pm LOB 302-304


Jan. 31, 2024: Full Committee Work Session: 02/06/2024 09:00 am LOB 302-304


Jan. 22, 2024: ==RECESSED== Executive Session: 01/30/2024 03:00 pm LOB 302-304


Jan. 22, 2024: Full Committee Work Session: 01/30/2024 01:30 pm LOB 302-304


Jan. 17, 2024: ==CONTINUED== Public Hearing: 01/22/2024 10:00 am LOB 302-304


Jan. 17, 2024: ==RECESSED== Public Hearing: 01/09/2024 09:30 am LOB 302-304


Dec. 15, 2023: Introduced 01/03/2024 and referred to Science, Technology and Energy HJ 1 P. 30