HR16 (2020) Detail

Affirming revenue estimates for fiscal years 2020 and 2021.


HR 16 - AS INTRODUCED

 

 

2020 SESSION

20-3140

10/04

 

HOUSE RESOLUTION 16

 

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

 

SPONSORS: Rep. Almy, Graf. 13; Rep. Major, Rock. 14

 

COMMITTEE: [committee]

 

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ANALYSIS

 

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

 

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20-3140

10/04

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty

 

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

 

Whereas, the house ways and means committee has considered what the unrestricted revenue estimates should be for fiscal years 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.  Committee estimates will be updated regularly throughout FY 2021 to reflect current conditions and economic forecasts; now, therefore, be it

Resolved by the House of Representatives:

That the house of representatives wishes to go on record as affirming the following revenue estimates for fiscal years 2020 and 2021:

 

FY 2020 FY 2021

GEN’L & EDUCATION

TRUST FUND: Official Committee Committee Official Committee Committee

(Dollars in Millions) Estimate Low Est. High Est. Estimate Low Est. High Est.

Business Taxes $795.100 $650.000 $716.000 $786.100 $577.000 $655.000

Meals & Rooms Tax 368.500 321.000 321.000 386.900 289.000 334.000

Tobacco Tax 198.000 207.000 207.000 201.200 201.000 204.000

Liquor Sales 132.800 130.000 130.000 133.800 131.000 134.000

Interest & Dividends Tax 116.900 109.000 115.000 116.900 88.000 102.000

Insurance Tax 125.100 133.900 133.900 130.900 128.200 128.200

Communications Tax 40.700 39.700 39.700 39.800 38.800 38.800

Real Estate Transfer Tax 159.400 155.000 155.000 158.400 135.000 152.000

Court Fines & Fees 12.900 12.400 12.400 12.700 8.000 9.100

Securities Revenue 45.000 43.000 43.000 44.300 43.000 43.000

Beer Tax 13.100 12.800 12.800 13.100 12.900 12.900

Other 68.400 67.700 67.700 71.800 62.700 62.700

Lottery Transfers 100.400 95.000 97.000 110.400 100.000 105.000

Tobacco Settlement 39.700 42.600 42.600 39.200 38.400 38.400

Utility Property Tax 43.400 41.800 41.800 44.200 41.900 41.900

Statewide Property Tax 363.100 363.200 363.200 363.100 363.100 363.100

Medicaid Recoveries 3.700 3.200 3.200 3.300 3.000 3.000

TOTAL GEN’L & EDUCATION

TRUST FUNDS $2,626.200 $2,427.300 $2,501.300 $2,656.100 $2,261.000 $2,427.100

 

FY 2020 FY 2021

HIGHWAY FUNDS: Official Committee Committee Official Committee Committee

(Dollars in Millions) Estimate Low Est. High Est. Estimate Low Est. High Est.

Road Toll $130.200 $115.000 $115.000 $132.300 115.000 121.000

Motor Vehicle Fees 129.000 124.700 124.700 123.500 119.300 119.300

Miscellaneous 0.200 0.200 0.200 0.200 0.200 0.200

TOTAL

HIGHWAY FUNDS $259.400 $239.900 $239.900 $256.000 234.500 240.500

 

FY 2020 FY 2021

FISH & GAME FUNDS: Official Committee Committee Official Committee Committee

(Dollars in Millions) Estimate Low Est. High Est. Estimate Low Est. High Est

Fish & Game Licenses $9.700 $10.200 $10.200 $9.700 $9.800 $9.800

Fines & Miscellaneous 3.200 4.200 4.200 3.200 3.500 3.500

TOTAL

FISH & GAME FUNDS $12.900 $14.400 $14.400 $12.900 $13.300 $13.300

Links

HR16 at GenCourtMobile
HR16 Discussion

Action Dates

Date Body Type

Bill Text Revisions

HR16 Revision: 8473 Date: June 18, 2020, 11:47 a.m.

Docket

Date Status
June 11, 2020 Late Drafting and Introduction Approved by House by the Necessary 2/3 MA 308-13 06/11/2020
June 11, 2020 Introduced and Adopted 06/11/2020
June 11, 2020 Ought to Pass: MA DV 316-10 06/11/2020
June 11, 2020 Lay on Table (Rep. Almy): MA VV 06/11/2020