HB 1166-FN- AS INTROUDCED
2014 SESSION
04/10
HOUSE BILL 1166-FN
AN ACT relative to fines imposed on corporations for criminal activity.
SPONSORS: Rep. Timothy Smith, Hills 17
COMMITTEE: Commerce and Consumer Affairs
This bill increases the fines on corporations for certain criminal activity.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
14-2543
04/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fourteen
AN ACT relative to fines imposed on corporations for criminal activity.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Sentences and Limitations. Amend RSA 651:2, IV(b) to read as follows:
(b) A corporation or unincorporated association may not exceed [$100,000] $1,000,000 for a felony, [$20,000] $50,000 for a misdemeanor and [$1,000] $5,000 for a violation. A writ of execution may be issued by the court against the corporation or unincorporated association to compel payment of the fine, together with costs and interest.
2 Effective Date. This act shall take effect 60 days after its passage.
LBAO
14-2543
11/18/13
HB 1166-FN - FISCAL NOTE
AN ACT relative to fines imposed on corporations for criminal activity.
FISCAL IMPACT:
The Judicial Branch states this bill, as introduced, may increase state revenue by an indeterminable amount in FY 2014 and each year thereafter. There is no impact on county and local revenue, or state, county and local expenditures.
METHODOLOGY:
The Judicial Branch states this bill amends RSA 651:2, IV (b) to increase the maximum criminal fines on corporations or unincorporated associations. The bill does not add cases to the caseload of the Branch; it merely increases the potential fines in a very small class of cases. The Branch does not maintain statistics regarding criminal fines on corporations but does know the number of criminal cases involving corporations is very limited. The Branch is able to state the increase in the fines may increase state revenue by an indeterminable amount.