HB1592 (2012) Detail

(New Title) establishing a committee to study the reporting of business tax revenues collected by the state.


HB 1592 – AS AMENDED BY THE HOUSE

8Feb2012… 0468h

2012 SESSION

12-2451

10/09

HOUSE BILL 1592

AN ACT establishing a committee to study the reporting of business tax revenues collected by the state.

SPONSORS: Rep. Cohn, Merr 6; Rep. Malone, Belk 5; Rep. Bates, Rock 4; Rep. C. McGuire, Merr 8

COMMITTEE: Ways and Means

AMENDED ANALYSIS

This bill establishes a committee to study the reporting of business tax revenues collected by the state.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

8Feb2012… 0468h

12-2451

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twelve

AN ACT establishing a committee to study the reporting of business tax revenues collected by the state.

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 reporting of business tax revenues collected by the state.

2 Membership and Compensation.

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

(a) Four members of the house of representatives, each of whom shall be members of the ways and means committee, appointed by the speaker of the house of representatives.

(b) One member of the senate, who shall be a member of the ways and means committee, 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 the reporting of business tax revenues collected by the state. The committee shall solicit input and advice from the commissioners of the departments of revenue administration, resources and economic development, and information technology, or their designees, and from other sources the committee deems relevant.

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. Three 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, 2012.

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