This bill mandates the Department of Revenue Administration to conduct a study on potential options for generating additional state revenue and to submit a comprehensive report by October 1, 2026. The report must detail at least five distinct revenue options, each capable of raising a minimum of $500 million per fiscal year, to support the "minimum conservative threshold" base adequacy as determined by the New Hampshire Supreme Court. The options may include modifications to existing taxes or the introduction of new taxes and revenue sources not currently utilized in New Hampshire. The report will also analyze the impact of these options on residents and households by income group, as well as on businesses by size and industry.

In addition to the report's requirements, the bill specifies that the Department must provide a plain-language description of each option, estimated revenue yields, compliance assessments, legal considerations, and distributional analyses. The Department is permitted to contract with external academic or professional entities to assist with the analysis, as it currently lacks the internal resources to complete the study. The bill does not authorize any new funding or positions and is expected to incur costs between $175,000 and $600,000 for the study, which will be covered by the General Fund. Notably, the legislation ensures that no confidential taxpayer information will be disclosed, relying instead on aggregated or anonymized data.