HB489 (2017) Detail

(New Title) establishing a commission to study adaptation of the tax structure of the state to economic and demographic change.


HB 489 - AS AMENDED BY THE HOUSE

 

16Feb2017... 0262h

2017 SESSION

17-0363

10/01

 

HOUSE BILL 489

 

AN ACT establishing a commission to study adaptation of the tax structure of the state to economic and demographic change.

 

SPONSORS: Rep. P. Schmidt, Straf. 19; Rep. Patten, Merr. 17

 

COMMITTEE: Ways and Means

 

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AMENDED ANALYSIS

 

This bill establishes a commission to study adaptation of the tax structure of the state to economic and demographic change.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

16Feb2017... 0262h 17-0363

10/01

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT establishing a commission to study adaptation of the tax structure of the state to economic and demographic change.

 

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

 

1  New Chapter; Adaptation of the Tax Structure of the State to Economic and Demographic Change; Commission Established.  Amend RSA by inserting after chapter 77-G the following new chapter:

CHAPTER 77-H

ADAPTATION OF THE TAX STRUCTURE OF THE STATE TO ECONOMIC AND DEMOGRAPHIC CHANGE

77-H:1  Adaptation of the Tax Structure of the State to Economic and Demographic Change;  Commission Established.

I.  There is established a commission to study adaptation of the tax structure of the state to economic and demographic change.

(a)  The members of the commission shall be as follows:

(1)  Three members of the house of representatives, appointed by the speaker of the house of representatives.

(2)  Two members of the senate, appointed by the president of the senate.

(3)  The commissioner of revenue administration, or designee.

(4)  The commissioner of resources and economic development, or designee.

(5)  A representative from the New Hampshire Center for Public Policy Studies, appointed by the governor.

(6)  A demographer from the Carsey School of Public Policy at the university of New Hampshire, appointed by the governor.

(7)  An accountant who was a member of the commission to study business taxes  under former RSA 77-F, established by 2010SS, 1:55, appointed by the governor.  

(8)  A member of the tax policy group of the New Hampshire Business and Industry Association, appointed by the governor.

(b)  Legislative members of the commission shall receive mileage at the legislative rate when attending to the duties of the commission.

II.(a)  The commission shall evaluate the taxes and other revenue sources that provide the most revenue to the state, as enumerated below, with regard to their ability to foster or impede the goals of growth in the new service and high-tech economy and to attract and retain the young people needed to reverse current demographic trends that threaten such growth.  The commission shall make proposals to adapt the state's tax structure to these needs as it sees fit.  The top 7 taxes and the one non-tax revenue source for the general and education trust funds are:

(1)  The business profits tax;

(2)  The meals and rooms tax;

(3)  The business enterprise tax;

(4)  The statewide property tax;

(5)  The tobacco tax;

(6)  Liquor commission revenues;

(7)  The real estate transfer tax; and

(8)  The insurance premium tax.

(b)  The commission may solicit information from any person or entity the commission deems relevant to its study.

III.  The members of the commission shall elect a chairperson from among the members.  The first meeting of the commission shall be called by the house member.  The first meeting of the commission shall be held within 30 days of the effective date of this section.  Six members of the commission shall constitute a quorum.

IV.  The commission 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 December 1, 2018, with a preliminary report due on or before December 1, 2017.

2  Repeal.  RSA 77-H, relative to the commission to study adaptation of the tax structure of the state to economic and demographic change, is repealed.

3  Effective Date.  

I.  Section 2 of this act shall take effect December 1, 2018.

II.  The remainder of this act shall take effect upon its passage.

Links

HB489 at GenCourtMobile

Action Dates

Date Body Type
Jan. 25, 2017 House Hearing
Feb. 2, 2017 House Exec Session
Feb. 15, 2017 House Floor Vote
Feb. 16, 2017 House Floor Vote
March 15, 2017 Senate Hearing
April 20, 2017 Senate Floor Vote

Bill Text Revisions

HB489 Revision: 857 Date: March 30, 2017, 8:29 a.m.
HB489 Revision: 858 Date: Jan. 27, 2017, 8:49 a.m.

Docket


April 20, 2017: Inexpedient to Legislate, MA, VV === BILL KILLED ===; 04/20/2017; SJ 14


April 20, 2017: Committee Report: Inexpedient to Legislate, 04/20/2017; SC 19


March 15, 2017: Hearing: 03/15/2017, Room 100, SH, 09:45 am; SC 14


Feb. 16, 2017: Introduced 02/16/2017 and Referred to Ways and Means; SJ 7


Feb. 16, 2017: Ought to Pass with Amendment 0262h: MA VV 02/16/2017 HJ 8 P. 40


Feb. 16, 2017: Amendment # 2017-0262h: AA VV 02/16/2017 HJ 8 P. 40


: Special Order to 2/16/2017 Without Objection HJ 7 P. 57


Feb. 15, 2017: Committee Report: Ought to Pass with Amendment # 2017-0262h (NT) for 02/15/2017 (Vote 21-0; RC) HC 11 P. 31


Feb. 2, 2017: Executive Session: 02/02/2017 LOB 202


Jan. 25, 2017: Public Hearing: 01/25/2017 11:00 AM LOB 202


Jan. 5, 2017: Introduced 01/05/2017 and referred to Ways and Means HJ 3 P. 15