Revision: Dec. 4, 2025, 2:01 p.m.
HB 1466-FN - AS INTRODUCED
2026 SESSION
26-3073
06/07
HOUSE BILL 1466-FN
AN ACT relative to obtaining a certificate of title for certain trailers.
SPONSORS: Rep. T. Walsh, Merr. 10; Rep. Hill, Merr. 2; Rep. Veilleux, Hills. 34; Rep. Coker, Belk. 2
COMMITTEE: Transportation
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ANALYSIS
This bill adds an exemption from certificate of title requirements for trailers over 3,001 pounds if their manufacturer’s model year is more than 10 years old.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-3073
06/07
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
AN ACT relative to obtaining a certificate of title for certain trailers.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Exempted Vehicles. Amend RSA 261:3, I(j) to read as follows:
(j) Trailers with gross weight of less than 3,001 pounds, and any trailer over 3,001 pounds whose manufacturer’s model year is over 10 years old;
2 Effective Date. This act shall take effect 60 days after its passage.
26-3073
11/30/25
HB 1466-FN- FISCAL NOTE
AS INTRODUCED
AN ACT relative to obtaining a certificate of title for certain trailers.
FISCAL IMPACT:
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Estimated State Impact | ||||||
| FY 2026 | FY 2027 | FY 2028 | FY 2029 | ||
Revenue | $0 | $1,225,000 Decrease Per Year | ||||
Revenue Fund(s) | Highway Fund | |||||
Expenditures* | $0 | $0 | $174,000 Decrease Per Year | |||
Funding Source(s) | Highway Fund and Restricted - Highway Fund Cost of Collections - Per the state constitution, costs associated with the collection/administration of highway fund revenue by the Department of Safety is deducted prior to funds being credited as unrestricted highway fund revenue | |||||
Appropriations* | $0 | $0 | $0 | $0 | ||
Funding Source(s) | None | |||||
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill | ||||||
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Estimated Political Subdivision Impact | ||||||
| FY 2026 | FY 2027 | FY 2028 | FY 2029 | ||
Local Revenue | $0 | $0 | $147,000 Decrease Per Year | |||
Local Expenditures | $0 | $0 | $0 | $0 | ||
METHODOLOGY:
This bill would exempt any trailer over 3,001 lbs., whose manufacturer’s model year is over 10 years old, from motor vehicle title requirements. The Department of Safety states in 2024 there were approximately 35,000 titles issued for trailers to which this bill would have applied to. Given the title fee that will be in place effective January 1, 2026, of $35, this would be a potential annual revenue loss of approximately $1,225,000. Also, pursuant to RSA 235:23 (“Apportionment A”), 12 percent of highway fund road toll and motor vehicle fee revenue collected is distributed to municipalities in the year following collection. Therefore, this bill would also reduce state expenditures and local revenue by approximately $147,000 in FY 2028 and beyond. Lastly, the Department states that any state expenditures attributable to this bill, mostly related to the cost for direct mailing titles, would decrease annually by approximately $27,000 per year.
Typically, bills impacting motor vehicle registration, title, or driver license laws are effective on January 1, however, this bill would be effective 60 days after passage. The amounts illustrated above represent full year estimates, however, given the effective date, year 1 of the noted impacts would likely be reduced due to timing of implementation.
AGENCIES CONTACTED:
Department of Safety