Bill Text - HR26 (2010)

Affirming revenue estimates for fiscal years 2010 and 2011.


Revision: April 20, 2010, midnight

 

2010 SESSION

                                                                                                                                    10-2971

                                                                                                                                    03/09

 

HOUSE RESOLUTION            26

 

A RESOLUTION          affirming revenue estimates for fiscal years  2010 and 2011.

 

SPONSORS:                 Rep. Almy, Graf 11

 

COMMITTEE:              Ways and Means

 

 

ANALYSIS

 

      This house resolution affirms certain revenue estimates for fiscal years 2010 and 2011.

 

 


                                                                                                                                    10-2971

                                                                                                                                    03/09

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Ten

 

A RESOLUTION          affirming revenue estimates for fiscal years  2010 and 2011.

 


      Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2010 and 2011 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 2010 and 2011.

Committee estimates are based on current rates.

                                                                                 FY 2010                                 FY 2011

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

(Dollars in Millions)                                       Estimate        Estimate          Estimate        Estimate

Business Profits Tax                                     $313.100        $313.100           $317.000        $317.000

Business Enterprise Tax                                 189.700          189.700             192.000          192.000

Subtotal                                                         502.800          502.800             509.000          509.000

Meals & Rooms Tax                                        251.100          231.100             253.200          250.000

Tobacco Tax                                                   217.200          227.300             206.000          211.200

Liquor Sales                                                   117.300          117.300             127.900          127.900

Interest & Dividends Tax                                117.000           99.000             125.000          110.800

Insurance Tax                                                  85.800           85.800              86.300           86.000

Communications Tax                                       82.000           75.000              85.000           78.000

Real Estate Transfer Tax                                  84.700           84.700              90.700           90.700

Court Fines & Fees                                          13.900           13.200              14.100           13.200

Securities Revenue                                           34.000           34.000              34.000           34.000

Utility Consumption Tax                                    6.000             6.000                6.000             6.000

Board & Care Revenue                                     19.900           19.700              20.500           20.200

Beer Tax                                                          12.800           12.800              12.800           12.800

Racing & Games of Chance                                3.700             2.800                3.700             2.900

Other                                                               67.000           65.400              69.000           68.800

Gambling Winnings Tax                                    5.900             5.900                7.900             7.900

Tobacco Settlement Funds                                49.400           49.400              50.000           50.000

SUBTOTAL                                               $1,670.500     $1,632.200        $1,701.100     $1,679.400

Medicaid Enhancement Tax                              99.300           98.800             114.600          108.500

Medicaid Recoveries                                          22.300           18.500              23.100           19.200

                                                                                 FY 2010                                 FY 2011

Lottery Transfers to Education                         74.700           74.700              77.700           77.700

Bingo Lucky 7 Transfers to Education                1.300             1.300                1.300             1.300

Utility Property Tax                                         28.000           28.000              28.000           28.000

Statewide Property Tax                                  363.000          363.000             363.000          363.000

TOTAL GEN'L & ED TRUST FUNDS       $2,259.100     $2,216.500        $2,308.800     $2,277.100

 

HIGHWAY FUNDS:                                       Official     Committee             Official     Committee

(Dollars in Millions)                                      Estimate        Estimate           Estimate        Estimate

Road Toll                                                      $126.500        $124.500           $126.500        $126.500

Motor Vehicle Fees                                         150.100          145.000             134.800          134.800

Miscellaneous                                                   19.800           23.400              19.800           18.400

TOTAL HIGHWAY FUNDS                         $296.400        $292.900           $281.100        $279.700

 

FISH & GAME FUNDS:                                 Official     Committee             Official     Committee

(Dollars in Millions)                                      Estimate        Estimate           Estimate        Estimate

Fish & Game Licenses                                     $8.300           $8.300              $8.300           $9.100

Fines & Miscellaneous                                       2.170             2.200                2.950             2.200

TOTAL FISH & GAME FUNDS                     $10.470          $10.500             $11.250          $11.300