Rachel Edelson

1) Imposing a targeted tax on one specific group of property owners is discriminatory and potentially infringes upon fundamental property rights. The argument is that all property owners should be treated equally under the law 2) The bill could negatively impact the real estate market by deterring potential second-home buyers, potentially leading to reduced property values and a decrease in real estate transactions. This could also have a ripple effect on the local tourism industry and related businesses (e.g., construction, maintenance, hospitality) that benefit from non-resident homeowners. 3) The New Hampshire Department of Revenue Administration (DRA) has noted significant administrative challenges with implementing the bill. Issues include the difficulty of accurately identifying non-primary residences statewide due to a lack of current data, the cost of developing new verification rules and systems (estimated at $75,000 for portal updates alone), and confusion over the specifics of the penalty for non-compliance.