Revision: June 18, 2020, 11:47 a.m.
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:
(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
(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
(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