Bill Text - HB2 (2023)

Relative to state fees, funds, revenues, and expenditures.


Revision: April 4, 2023, 2:08 p.m.

Rep. Hoell, Merr. 27

Rep. Prout, Hills. 13

Rep. Comtois, Belk. 7

April 4, 2023

2023-1308h

06/10

 

 

Floor Amendment to HB 2-FN-A-LOCAL

 

Amend the bill by inserting after section 447 the following new sections and renumbering the effective date to be the last numbered section:

 

448  New Paragraph; Business Enterprise Tax; Rate Reduced 2024.  Amend RSA 77-E:2 by inserting after paragraph II the following new paragraph:

III.  For all taxable periods ending on or after December 31, 2024, a tax is imposed at the rate of 0.50 percent upon the taxable enterprise value tax base of every business enterprise.

 

2023-1308h

AMENDED ANALYSIS

 

Add:

 

1.  Lowers the rate of the business enterprise tax.