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1 Liquor Commission; Funds. Amend RSA 176:16, III to read as follows:
III. 1.7 3.4 percent of the previous fiscal year gross profits derived by the commission from the sale of liquor shall be deposited into the alcohol abuse prevention and treatment fund established by RSA 176-A:1. For the purpose of this section, gross profit shall be defined as total operating revenue minus the cost of sales and services as presented in the state of New Hampshire comprehensive annual financial report, statement of revenues, expenses, and changes in net position for proprietary funds.
2 Effective Date. This act shall take effect July 1, 2017.
Text to be added highlighted in green.
1 Liquor Commission; Funds. Amend RSA 176:16, III to read as follows:
III. 3.4 percent of the previous fiscal year gross profits derived by the commission from the sale of liquor shall be deposited into the alcohol abuse prevention and treatment fund established by RSA 176-A:1. For the purpose of this section, gross profit shall be defined as total operating revenue minus the cost of sales and services as presented in the state of New Hampshire comprehensive annual financial report, statement of revenues, expenses, and changes in net position for proprietary funds.
2 Effective Date. This act shall take effect July 1, 2017.