Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateNew HampshireIntroduced
HB 1599: allowing net operating losses to be carried forward in perpetuity following a loss year.
John Janigian
HB 1599 status: Introduced — Interim Study Report: Not Recommended for Future Legislation 09/02/2026 (Vote 18-0; ) (updated Sep 14, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
40OUT OF 100
Score:40/100 civic fit
Risk:Moderate Risk
Impact:Moderate Impact 65/100
Constitutionality100%
Bipartisan50%
Public opinion50%
Bill summary
If a business loses money in a given year, they are allowed to use that loss to pay less in taxes in the future. Currently, there is a time limit on how long they can wait to use those losses. This bill would remove that time limit, letting businesses use their old losses to save on taxes forever. It is currently waiting for a vote in the House.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Critical outlook
40%
Benefits
- Aligns New Hampshire business tax policy with federal Internal Revenue Code Section 172.
- Provides businesses with greater flexibility in managing long-term tax liabilities.
- Potentially aids businesses during prolonged recovery periods from multi-year losses.
Risks
- Creates an indeterminable decrease in General Fund and Education Trust Fund revenues.
- Potential for significant state revenue loss as demonstrated by $316.2 million in expired potential deductions in 2022.
- Reduces available state resources for public services and education infrastructure.
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
The removal of the 10-year limit could result in substantial cumulative revenue erosion during periods of significant economic downturn.
Analysis scope
Fiscal impact is described by the Department of Revenue Administration as 'indeterminable' due to unknown future corporate profitability.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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