Bill

Bill > HB119


NH HB119

Allowing rental companies applying to register a rental fleet to choose New Hampshire as the base jurisdiction under the International Registration Plan (IRP).


summary

Introduced
01/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill allows rental companies applying to register a passenger vehicle or truck, truck tractor, or tractor rental fleet to choose New Hampshire as the base jurisdiction under the International Registration Plan (IRP).

AI Summary

This bill allows rental car companies to choose New Hampshire as their base jurisdiction under the International Registration Plan (IRP), which is a cooperative agreement among U.S. states and Canadian provinces for registering vehicles that operate across multiple jurisdictions. The bill would enable rental companies that own passenger vehicles, trucks, truck tractors, or other rental fleet vehicles to register their entire fleet in New Hampshire, potentially providing administrative and financial advantages. The legislation will take effect on July 1, 2025, and is expected to create some additional administrative work for the Department of Safety, which would need to hire two cash terminal operators to handle the increased paperwork and customer traffic. While the bill does not provide direct funding for these new positions, the Department anticipates an indeterminable increase in state registration revenue to the highway fund starting in fiscal year 2026. Additionally, because 12% of highway fund revenue is distributed to municipalities in the following year, local governments may also see an indeterminable revenue increase beginning in fiscal year 2027. The bill itself does not authorize new funding or positions, but acknowledges the potential administrative and financial implications of expanding rental fleet registration options.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (11)

Last Action

Inexpedient to Legislate: Motion Adopted Voice Vote 02/13/2025 House Journal 5 P. 15 (on 02/13/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...