HB676 (2013) Detail

(New Title) extending the Coos county job creation tax credit.


CHAPTER 73

HB 676-FN-A-LOCAL – FINAL VERSION

13Mar2013… 0640h

2013 SESSION

13-0611

09/01

HOUSE BILL 676-FN-A-LOCAL

AN ACT extending the Coos county job creation tax credit.

SPONSORS: Rep. Butynski, Ches 1; Rep. Major, Rock 14; Rep. Theberge, Coos 3; Sen. Odell, Dist 8

COMMITTEE: Ways and Means

AMENDED ANALYSIS

This bill extends the Coos county job creation credit for 5 years.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

13Mar2013… 0640h

13-0611

09/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT extending the Coos county job creation tax credit.

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

73:1 Business Enterprise Tax; Coos County Job Creation Tax Credit. Amend RSA 77-E:3-c, II to read as follows:

II. The initial job creation tax credit allowed under this paragraph shall not apply to any tax period ending prior to the effective date of this section, or to any tax period ending after December 31, [2013] 2018. After being initially granted, the tax credit shall be renewable for 4 consecutive additional years, provided that no additional tax credit shall be granted under this chapter for any tax period after December 31, [2017] 2022.

73:2 Effective Date. This act shall take effect July 1, 2013.

Approved: June 6, 2013

Effective Date: July 1, 2013