SB458 (2008) Detail

Establishing a committee to study the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses.


SB 458 – AS INTRODUCED

2008 SESSION

08-2864

09/03

SENATE BILL 458

AN ACT establishing a committee to study the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses.

SPONSORS: Sen. Kenney, Dist 3

COMMITTEE: Ways and Means

ANALYSIS

This bill establishes a committee to study the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

08-2864

09/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eight

AN ACT establishing a committee to study the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses.

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

1 Committee Established. There is established a committee to study the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses.

2 Membership and Compensation.

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

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

(b) Three members of the house of representatives, appointed by the speaker of the house of representatives.

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 the impact on New Hampshire revenues resulting from evasion of taxes by Massachusetts businesses. The committee shall examine methods of enforcement of payment of taxes by such businesses.

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 senate 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 president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2008.

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