Revision: Jan. 27, 2017, 8:49 a.m.
HB 489 - AS INTRODUCED
2017 SESSION
17-0363
10/01
HOUSE BILL 489
AN ACT establishing a commission to study the tax structure of the state.
SPONSORS: Rep. P. Schmidt, Straf. 19; Rep. Patten, Merr. 17
COMMITTEE: Ways and Means
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This bill establishes a commission to study the tax structure of 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0363
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT establishing a commission to study the tax structure of the state.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subdivision; Tax Structure of State; Commission Established. Amend RSA 76 by inserting after section 21 the following new subdivision:
Commission on the Tax Structure of New Hampshire
76:22 Tax Structure of New Hampshire; Commission Established. The structure of the state's tax system and the effect the tax structure has on payers of property taxes is in need of review. It is incumbent on the general court and public officials implementing tax policy to develop changes to state tax laws in order to reduce the burden on property taxes under the current tax structure. There is hereby established a commission to study the tax structure of New Hampshire.
I. The members of the commission shall be as follows:
(a) Three members of the house of representatives, appointed by the speaker of the house of representatives.
(b) Two members of the senate, appointed by the president of the senate.
(c) Two members, appointed by the governor, with expertise in business, economics, or municipal governance.
(d) Two members, one of whom shall be appointed by the senate president and one of whom shall be appointed by the speaker of the house of representatives, who have expertise in business, economics, or municipal governance.
(e) A representative from the Tuck School of Business at Dartmouth, appointed by the dean.
(f) A representative from the university of New Hampshire cooperative extension appointed by the director.
(g) The commissioner of the department of revenue administration, or designee.
(h) The commissioner of the department of resources and economic development, or designee.
II. The commission shall also include input and assistance from other individuals and public and private organizations, as it deems relevant, to consider local and regional issues impacted by the property tax.
III. Legislative members of the commission shall receive mileage at the legislative rate when attending to the duties of the commission.
IV. The commission shall study the tax structure of New Hampshire with the purpose of developing changes to state tax laws in order to reduce the burden on property taxes under the current tax structure.
V. The commission shall study the impacts of the property tax on New Hampshire’s residents, businesses, municipalities, and the economy, including tax rates, tax exemptions.
VI. The members of the commission shall elect a chairperson from among the members. The first meeting of the commission shall be called by the first-named house member. The first meeting of the commission shall be held within 45 days of the effective date of this section. Seven members of the commission shall constitute a quorum.
VII. 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 in an interim report filed on or before November 1, 2017 and a final report on or before November 1, 2018.
2 Prospective Repeal; 2018. RSA 76:22, relative to the commission to study the tax structure of New Hampshire, is repealed.
I. Section 2 of this act shall take effect November 1, 2018.
II. The remainder of this act shall take effect upon its passage.