Bill Text - SB78 (2017)

(New Title) relative to confidentiality of state tax records in state administrative or judicial proceedings.


Revision: June 22, 2017, 12:43 p.m.

SB 78 - VERSION ADOPTED BY BOTH BODIES

 

06/22/2017   2344CofC

2017 SESSION

17-0820

10/05

 

SENATE BILL 78

 

AN ACT requiring audit records related to payment of business profits tax to be confidential.

 

SPONSORS: Sen. Bradley, Dist 3; Sen. Innis, Dist 24; Rep. Abrami, Rock. 19

 

COMMITTEE: Ways and Means

 

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AMENDED ANALYSIS

 

This bill requires that business profits tax taxpayer records obtained by the commissioner of revenue administration or the commissioner's agents for an audit of the taxpayer, or used in a judicial proceeding, shall be confidential and not disclosed.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

06/22/2017   2344CofC 17-0820

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT requiring audit records related to payment of business profits tax to be confidential.

 

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

 

1  New Paragraphs; Business Profits Tax; Taxpayer Records.  Amend RSA 77-A:11 by inserting after paragraph III the following new paragraphs:

IV.  Any taxpayer records obtained or inspected by the commissioner or his or her agents for the purpose of conducting an audit of the taxpayer's compliance or liability under this chapter shall be kept confidential and not disclosed for any purpose unless required by law.

V.  In any judicial proceeding under this chapter, all taxpayer records and related pleadings shall remain sealed and not disclosed to any non-party to the proceeding for any purpose unless required by law.

2  Effective Date.  This act shall take effect 60 days after its passage.