Revision: May 27, 2011, midnight
SB 56-FN – VERSION ADOPTED BY BOTH BODIES
03/16/11 0688s
18May2011… 1837h
2011 SESSION
09/10
SENATE BILL 56-FN
AN ACT authorizing the department of revenue administration to accept credit card and debit card payments of taxes.
This bill authorizes the department of revenue administration to accept credit card and debit card payments of taxes.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/16/11 0688s
18May2011… 1837h
11-0943
09/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eleven
AN ACT authorizing the department of revenue administration to accept credit card and debit card payments of taxes.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Credit or Debit Card Payment. Amend RSA 21-J by inserting after section 43 the following new section:
21-J:43-a Credit or Debit Card Payment. The commissioner of the department of revenue administration and any authorized employee or agent of the commissioner may accept credit cards or debit cards for the online payment of any of the taxes, penalties, interest, or fees administered by the commissioner or collected by the department. The amount of any service charge required to be paid by the taxpayer to the credit card or debit card service provider to cover the provider’s cost of this service shall be determined by the department through a competitive bid process, and the service provider shall add this charge to the amount due, in addition to any tax, penalties, and interest payable. The department, at the time of billing, shall disclose the amount of the service charge to the taxpayer. The commissioner shall adopt rules, pursuant to RSA 541-A, as necessary for the administration of such electronic transactions.
2 Effective Date. This act shall take effect 60 days after its passage.
LBAO
11-0943
Amended 05/23/11
SB 56 FISCAL NOTE
AN ACT authorizing the department of revenue administration to accept credit card and debit card payments of taxes.
FISCAL IMPACT:
The Department of Revenue Administration states this bill, as amended by the House (Amendment #2011-1837h), may decrease state general fund expenditures by an indeterminable amount in FY 2012 and each year thereafter. This bill will have no fiscal impact on state, county and local revenue, or county and local expenditures.
METHODOLOGY:
The Department of Revenue Administration states this bill authorizes the Department to accept credit card payments of taxes. The Department states although electronic payment will result in savings to the Department, they are unable to determine the exact fiscal impact at this time. Over the past two years, the Department has averaged the receipt and subsequent deposit of approximately 265,000 checks. The handling cost of those checks is approximately $592,553 annually, and the state pays approximately $87,000 annually for armored car services, and $18,550 in bank fees. The Department states the cost to the State to process electronic credit/debit card payments is $0. The Department also does not anticipate any start-up or maintenance costs associated with this bill.