Bill Text - HR8 (2019)

Revision: March 7, 2019, 10:35 a.m.

HR 8 - AS ADOPTED BY THE HOUSE

 

7Mar2019... 0806h

2019 SESSION

19-1120

04/01

 

HOUSE RESOLUTION 8

 

A RESOLUTION affirming revenue estimates for fiscal years 2019, 2020, and 2021.

 

SPONSORS: Rep. Almy, Graf. 13

 

COMMITTEE: Ways and Means

 

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ANALYSIS

 

This house resolution affirms revenue estimates for fiscal years 2019, 2020, and 2021.

 

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7Mar2019... 0806h 19-1120

04/01

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

A RESOLUTION affirming revenue estimates for fiscal years 2019, 2020, and 2021.

 

Whereas, the house ways and means committee has considered what the unrestricted revenue estimates should be for fiscal years 2019, 2020, and 2021, and has presented those estimates to the house of representatives; and

Whereas, committee estimates are based on current law and economic conditions; now, therefore, be it

 

Resolved by the House of Representatives:

That the house of representatives affirms the following revenue estimates for fiscal years 2019, 2020, and 2021.

 

FY 2019 FY 2020 FY 2021

GEN’L & EDUCATION

TRUST FUND: Official Committee Committee Committee

(Dollars in Millions) Estimate Estimate Estimate Estimate

Business Profits Tax $392.300 $514.500 $481.500 $466.100

Business Enterprise Tax 261.700 318.700 298.300 288.700

Subtotal 654.000 833.200 779.800 754.800

Meals & Rooms Tax 346.500 350.000 364.900 383.100

Tobacco Tax 214.500 203.100 198.000 193.100

Liquor Sales 146.900 133.600 129.500 131.600

Interest & Dividends Tax 98.000 100.700 101.700 101.700

Insurance Tax 117.500 122.300 125.100 127.100

Communications Tax 40.700 41.300 37.600 34.200

Real Estate Transfer Tax 164.300 157.000 159.400 160.200

Court Fines & Fees 13.200 12.700 12.900 12.700

Securities Revenue 46.500 43.000 43.500 43.500

Utility Consumption Tax 3.000 3.000 0.000 0.000

Beer Tax 13.200 13.000 13.100 13.100

Other 74.800 68.800 68.400 71.900

Lottery Transfers 88.000 96.000 96.000 96.000

Tobacco Settlement 35.000 40.000 39.700 39.200

Utility Property Tax 43.400 39.600 40.100 40.500

Statewide Property Tax 363.100 363.100 363.100 363.100

Medicaid Recoveries 9.100 3.800 3.600 3.200

TOTAL GEN’L & EDUCATION

TRUST FUNDS $2,471.700 $2,624.200 $2,576.400 $2,569.000

 

FY 2019 FY 2020 FY 2021

HIGHWAY FUNDS: Official Committee Committee Committee

(Dollars in Millions) Estimate Estimate Estimate Estimate

Road Toll $126.300 $129.000 $130.200 $132.300

Motor Vehicle Fees 115.700 120.000 120.200 114.600

Miscellaneous       0.200 0.100 0.200 0.200

TOTAL HIGHWAY FUNDS $242.200 $249.100 $250.600 $247.100

 

 

FY 2019 FY 2020 FY 2021

FISH AND GAME FUNDS: Official Committee Committee Committee

(Dollars in Millions) Estimate Estimate Estimate Estimate

Fish & Game Licenses $9.600 $9.600 $9.700 $9.700

Fines & Miscellaneous 1.800 1.800 3.200 3.200

TOTAL FISH & GAME FUNDS $11.400 $11.400 $12.900 $12.900