Bill Text - HR28 (2008)

Affirming revenue estimates for fiscal years 2008 and 2009.


Revision: Jan. 1, 2008, midnight

HR 28 – AS AMENDED BY THE HOUSE

21May2008… 1821h

2008 SESSION

08-2897

09/10

HOUSE RESOLUTION 28

A RESOLUTION affirming revenue estimates for fiscal years 2008 and 2009.

SPONSORS: Rep. Almy, Graf 11

COMMITTEE: Ways and Means

ANALYSIS

This house resolution affirms certain revenue estimates for fiscal years 2008 and 2009.

21May2008… 1821h

08-2897

09/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eight

A RESOLUTION affirming revenue estimates for fiscal years 2008 and 2009.

Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2008 and 2009 and has presented those estimates to the House of Representatives; now, therefore, be it

Resolved by the House of Representatives:

That the House wishes to go on record as affirming the following revenue estimates for fiscal years 2008 and 2009.

Committee estimates are based on current rates.

FY 2008 FY 2009

GEN'L & EDUCATION TRUST FUND: Official Committee Official Committee

(Dollars in Millions) Estimate Estimate Estimate Estimate

Business Profits Tax $365.600 $377.600 $388.600 $360.200

(Business Enterprise Tax 272.400 247.400 285.400 254.800

Subtotal 638.000 625.000 674.000 615.000

Meals & Rooms Tax 220.000 215.000 230.000 222.200

Tobacco Tax 183.400 168.200 175.900 161.500

Real Estate Transfer Tax 140.000 117.100 145.600 117.100

Liquor Sales 137.000 130.600 146.100 136.800

Interest & Dividends Tax 117.000 115.300 126.000 121.000

Insurance Tax 99.500 96.000 98.300 96.000

Communications Tax 79.900 80.300 82.900 85.200

Other 70.650 70.700 75.050 75.100

Tobacco Settlement Funds 47.700 48.400 49.300 47.700

Securities Revenue 33.000 33.500 34.000 34.000

Court Fines & Fees 32.100 30.800 32.900 31.300

Board & Care Revenue 16.000 17.700 16.400 18.000

Beer Tax 12.800 12.800 12.900 12.900

Utility Consumption Tax 6.400 6.400 6.600 6.600

Horse and Dog Racing 3.000 3.100 3.000 3.100

SUBTOTAL $1,836.450 $1,770.900 $1,908.950 $1,783.500

FY 2008 FY 2009

Official Committee Official Committee

Estimate Estimate Estimate Estimate

Medicaid Enhancement Tax 91.000 91.700 91.800 91.800

Utility Property Tax 22.900 23.500 23.600 25.600

Statewide Property Tax 363.000 363.200 363.000 363.000

Lottery Transfers to Education 85.800 79.500 87.800 81.300

Bingo Lucky 7 Transfers to Education 1.500 1.500 1.500 1.500

Medicaid Recoveries 14.100 18.800 14.600 14.600

TOTAL GEN'L & ED TRUST FUNDS $2,414.750 $2,349.100 $2,491.250 $2,361.300

HIGHWAY FUNDS: Official Committee Official Committee

(Dollars in Millions) Estimate Estimate Estimate Estimate

Road Toll $137.900 $137.900 $139.900 $137.900

Motor Vehicle Fees 102.300 100.300 103.900 102.200

Miscellaneous 13.600 10.600 13.700 13.700

TOTAL HIGHWAY FUNDS $253.800 $248.800 $257.500 $253.800

FISH & GAME FUNDS:

(Dollars in Millions)

Fish & Game Licenses $8.300 $8.300 $8.300 $8.300

Fines & Miscellaneous 2.200 2.200 1.900 1.900

TOTAL FISH & GAME FUNDS $10.500 $10.500 $10.200 $10.200