SB315 (2022) Detail

Directing that a portion of revenue distributions from the meals and rooms municipal revenue fund be used by municipalities to reduce the local property tax rate.


SB 315-LOCAL - AS INTRODUCED

 

 

2022 SESSION

22-2953

10/05

 

SENATE BILL 315-LOCAL

 

AN ACT directing that a portion of revenue distributions from the meals and rooms municipal revenue fund be used by municipalities to reduce the local property tax rate.

 

SPONSORS: Sen. D'Allesandro, Dist 20; Sen. Sherman, Dist 24; Sen. Perkins Kwoka, Dist 21; Sen. Watters, Dist 4; Sen. Prentiss, Dist 5; Rep. Wall, Straf. 6; Rep. Wallner, Merr. 10; Rep. Leishman, Hills. 24

 

COMMITTEE: Ways and Means

 

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ANALYSIS

 

This bill requires that a portion of revenues distributed to municipalities from the meals and rooms municipal revenue fund, which exceed fiscal year 2021 amounts received, shall be used to reduce the local property tax rate.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22-2953

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Two

 

AN ACT directing that a portion of revenue distributions from the meals and rooms municipal revenue fund be used by municipalities to reduce the local property tax rate.

 

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

 

1  New Paragraph; Meals and Rooms Tax; Distributions.  Amend RSA 78-A:26 by inserting after paragraph IV the following new paragraph:

V.  Of the amount to be distributed from the meals and rooms municipal revenue fund pursuant to paragraph III, up to 60 percent of the amount distributed to an unincorporated town, unorganized place, town, or city that is in excess of the amount distributed in fiscal year 2021 shall be used by the unincorporated town, unorganized place, town, or city to reduce the local property tax rate.

2  Effective Date.  This act shall take effect July 1, 2022.

Links

SB315 at GenCourtMobile

Action Dates

Date Body Type
Jan. 19, 2022 Senate Hearing
Senate Floor Vote

Bill Text Revisions

SB315 Revision: 34292 Date: Dec. 14, 2021, 2:05 p.m.

Docket


Jan. 19, 2022: Committee Report: Inexpedient to Legislate


Dec. 29, 2021: Hearing: 01/19/2022, Room 100, SH, 09:45 am; SC 1


Dec. 14, 2021: To Be Introduced 01/05/2022 and Referred to Ways and Means; SJ 1