Revision: Dec. 21, 2011, midnight
HB 1592 – AS INTRODUCED
2012 SESSION
10/09
HOUSE BILL 1592
AN ACT requiring an annual report on business taxes.
SPONSORS: Rep. Cohn, Merr 6; Rep. Malone, Belk 5; Rep. Bates, Rock 4; Rep. C. McGuire, Merr 8
This bill requires the department of revenue administration to make an annual report to the general court on each business tax detailing the revenue collected according to the size, type, and county location for each business taxpayer.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
12-2451
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twelve
AN ACT requiring an annual report on business taxes.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Department of Revenue Administration; Reports; Business Taxes. Amend RSA 21-J:45 to read as follows:
21-J:45 Reports [on]; Status of Monthly Tax Refunds; Annual Business Tax Revenues.
I. The commissioner of the department of revenue administration shall report to the fiscal committee of the general court within 10 days after the close of each month, the status of monthly refunds pending from the combined general fund and education trust fund for the following taxes:
(a) Business profits tax.
(b) Business enterprise tax.
(c) Interest and dividends tax.
II. [This] The report in paragraph I shall include, but not be limited to, the number of refunds claimed, dollar value of refunds carried over from the prior month, current claims, paid out refunds, and refunds outstanding at the end of the month. This report shall also include the total anticipated refund for the next 3 calendar months for each tax in subparagraphs I(a)-(c).
III. The commissioner of the department of revenue administration shall annually by November 1 make a report to the speaker of the house of representatives, the senate president, and the state library detailing for each of the business taxes listed in subparagraphs I(a)-(b) the revenue collected according to the following categories:
(a) Number of employees:
(1) Less than 20.
(2) 20 to 99.
(3) 100 to 499.
(4) 500 or more.
(b) Type of business:
(1) Retail, food, and trade.
(2) Manufacturing and construction.
(3) Professional services.
(4) Agriculture and farming.
(5) Technology and information.
(6) Other.
(c) County or counties in which the business principally operates.
2 Effective Date. This act shall take effect 60 days after its passage.