HR17 (2023) Detail

Affirming revenue estimates for fiscal years 2023, 2024, and 2025.


HR 17  - AS INTRODUCED

 

 

2023 SESSION

23-1066

02/05

 

HOUSE RESOLUTION 17

 

A RESOLUTION affirming revenue estimates for fiscal years 2023, 2024, and 2025.

 

SPONSORS: Rep. L. Sanborn, Hills. 2

 

COMMITTEE: No Committee Assignment

 

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ANALYSIS

 

This house resolution affirms the revenue estimates for fiscal years 2023, 2024, and 2025.

 

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23-1066

02/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Three

 

A RESOLUTION affirming revenue estimates for fiscal years 2023, 2024, and 2025.

 

Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2023, 2024, 2025 and has presented those estimates to the House of Representatives;

Resolved by the House of Representatives:

That the House wishes to go on record as affirming the following revenue estimates for fiscal years 2023, 2024, and 2025.

Committee estimates are based on current law and economic conditions.

FY 2023                               FY 2024          FY 2025

GEN’L & EDUCATION

TRUST FUND:  Official Committee Committee Committee

(Dollars in Millions)  Estimate  Estimate  Estimate  Estimate

Business Profits Tax $646.600 $864.500 $840.000 $850.500

Business Enterprise Tax 311.200 370.500 360.000 364.500

Subtotal 957.800 1235.000 1200.000 1215.000

Meals & Rooms Tax 245.300 308.500 309.500 318.900

Tobacco Tax 240.000 219.900 214.400 211.400

Liquor Sales 137.200 130.000 135.900 135.600

Interest & Dividends Tax 135.800 135.000 112.800 89.400

Insurance Tax 135.000 139.000 139.000 142.000

Communications Tax 39.100 28.900 28.900 28.900

Real Estate Transfer Tax 181.900 228.500 215.000 215.000

Court Fines & Fees 13.000 13.800 13.900 14.100

Securities Revenue 42.500 45.000 45.800 46.600

Beer Tax 13.200 13.200 13.200 13.200

Other 68.300 97.000 99.000 94.600

Lottery Transfers 139.700 170.800 158.000 163.000

Tobacco Settlement 36.300 42.000 40.000 38.500

Utility Property Tax 40.600 42.800 43.500 44.100

Statewide Property Tax 263.100 263.100 363.100 363.100

Medicaid Recoveries 2.500 2.600 2.000 2.100

TOTAL GEN’L & EDUCATION

TRUST FUNDS   $2,691.300 $3,115.100 $3,134.000 $3,135.500

 

FY 2023                               FY 2024          FY 2025

HIGHWAY FUNDS: Official Committee Committee Committee

(Dollars in Millions) Estimate  Estimate  Estimate  Estimate

Road Toll $121.800 $124.300 $125.000 $125.600

Motor Vehicle Fees 131.500 133.200 133.600 133.500

Miscellaneous      0.200     0.200     0.200    0.200

TOTAL HIGHWAY FUNDS $253.500 $257.700 $258.800 $259.300

 

 

FY 2023 FY 2024 FY 2025

FISH AND GAME FUNDS: Official Committee Committee Committee

(Dollars in Millions) Estimate  Estimate  Estimate  Estimate

Fish & Game Licenses $9.800 $9.800 $9.800 $9.800

Fines & Miscellaneous   3.500    4.000 3.600     3.600

TOTAL FISH & GAME FUNDS $13.300 $13.800 $13.400 $13.400

Links


Action Dates

Bill Text Revisions

HR17 Revision: 38089 Date: March 1, 2023, 4:14 p.m.
HR17 Revision: 43943 Date: March 1, 2023, 3:36 p.m.
HR17 Revision: 43944 Date: March 1, 2023, 2:14 p.m.

Docket


Oct. 27, 2023: Died on Table, Session ended 10/26/2023 HJ 18


March 9, 2023: Lay HR17 on Table (Rep. L. Sanborn): MA VV 03/09/2023 HJ 8 P. 3


March 9, 2023: Ought to Pass: MA VV 03/09/2023 HJ 8 P. 3


March 1, 2023: Introduced pursuant to Rule 36c 02/23/2023