HB347 (2007) Detail

Establishing a committee to study establishing classes of property to be taxed at different rates under the statewide enhanced education tax.


HB 347 – AS INTRODUCED

2007 SESSION

07-1011

09/04

HOUSE BILL 347

AN ACT establishing a committee to study establishing classes of property to be taxed at different rates under the statewide enhanced education tax.

SPONSORS: Rep. Carson, Rock 3

COMMITTEE: Ways and Means

ANALYSIS

This bill establishes a committee to study establishing classes of property to be taxed at different rates under the statewide enhanced education tax.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

07-1011

09/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT establishing a committee to study establishing classes of property to be taxed at different rates under the statewide enhanced education tax.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Committee Established. There is established a committee to study establishing classes of property to be taxed at different rates under the statewide enhanced education tax.

2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Three members of the house of representatives, one of whom shall be a member of the ways and means committee and one of whom shall be a member of the finance committee, appointed by the speaker of the house of representatives.

(b) Three members of the senate, appointed by the president of the senate.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3 Duties. The committee shall study establishing classes of property to be taxed at different rates under the statewide enhanced education tax. The committee shall consider:

I. The definitions involved in establishing classes of property, including “primary residential,” “second homes,” “business and commercial,” “resident,” and “nonresident.”

II. The constitutional issues raised by taxing classes of property at different rates.

III. Statutory changes to the tax laws and administrative rules necessitated by a non-uniform tax rate.

4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.

5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2007.

6 Effective Date. This act shall take effect upon its passage.