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1 Interest and Dividends; Who Taxable. Amend RSA 77:3, I(a) to read as follows:
(a) Individuals who are inhabitants or residents of this state for any part of the taxable year whose gross interest and dividend income from all sources, including income from a qualified investment company pursuant to RSA 77:4, V, exceeds $2,400 $4,800 during that taxable period.
2 Individual Exemption Increased. Amend RSA 77:5, I to read as follows:
I. Income of $2,400 $4,800.
3 Effective Date. This act shall take effect July 1, 2018.
Text to be added highlighted in green.
1 Interest and Dividends; Who Taxable. Amend RSA 77:3, I(a) to read as follows:
(a) Individuals who are inhabitants or residents of this state for any part of the taxable year whose gross interest and dividend income from all sources, including income from a qualified investment company pursuant to RSA 77:4, V, exceeds $4,800 during that taxable period.
2 Individual Exemption Increased. Amend RSA 77:5, I to read as follows:
I. Income of $4,800.
3 Effective Date. This act shall take effect July 1, 2018.