Revision: Feb. 15, 2017, 11:35 a.m.
SB 196-FN-A - AS INTRODUCED
2017 SESSION
17-0792
09/03
SENATE BILL 196-FN-A
AN ACT relative to liquor revenues deposited into the alcohol abuse prevention and treatment fund.
SPONSORS: Sen. Kahn, Dist 10; Sen. Feltes, Dist 15; Sen. Fuller Clark, Dist 21; Rep. Lisle, Hills. 35; Rep. Shepardson, Ches. 10; Rep. Horrigan, Straf. 6; Rep. Read, Rock. 17; Rep. Abbott, Ches. 1
COMMITTEE: Finance
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This bill increases the amount of liquor revenues to be deposited into the alcohol abuse prevention and treatment fund.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0792
09/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT relative to liquor revenues deposited into the alcohol abuse prevention and treatment fund.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Liquor Commission; Funds. Amend RSA 176:16, III to read as follows:
III. [1.7] Five 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.
17-0792
1/27/17
SB 196-FN-A- FISCAL NOTE
as introduced
AN ACT relative to liquor revenues deposited into the alcohol abuse prevention and treatment fund.
FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None
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| Estimated Increase / (Decrease) | |||
STATE: | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
Appropriation | Indeterminable Increase | Indeterminable Increase | Indeterminable Increase | Indeterminable Increase |
Revenue | $0 | $0 | $0 | $0 |
Expenditures | $0 | $0 | $0 | $0 |
Funding Source: | [ ] General [ ] Education [ ] Highway [ X ] Liquor | |||
METHODOLOGY:
Beginning in FY 2018, this bill increases from 1.7 percent to 5 percent the percentage of the previous year's gross Liquor profits deposited into the Alcohol Abuse Prevention and Treatment Fund. Gross profits were $194.5 million in FY 2016 according to the Liquor Commission. Had the increase been applicable to FY 2017, this would have resulted in an increase of approximately $6.4 million ($9,725,000 at 5%, minus $3,330,650 at 1.7% = $6,394,350) in the amount deposited into the Fund. This bill will indirectly decrease state general fund revenue, in that gross Liquor profits are transferred to the general fund at the end of each fiscal year.
AGENCIES CONTACTED:
Liquor Commission, Department of Administrative Services, and Department of Health and Human Services