1 Tax on Meals and Rooms; Imposition of Tax. Amend RSA 78-A:6, II to read as follows:

II. A tax is imposed on taxable meals *based upon the charge therefor as follows:

(a) Four cents for a charge between $.36 and $.37 inclusive;

(b) Five cents for a charge between $.38 and $.50 inclusive;

(c) Six cents for a charge between $.51 and $.62 inclusive;

(d) Seven cents for a charge between $.63 and $.75 inclusive;

(e) Eight cents for a charge between $.76 and $.87 inclusive;

(f) Nine cents for a charge between $.88 and $1.00 inclusive;

(g) Eight and a half* percent of the charge for taxable meals over $1.00, provided that fractions of cents shall be rounded up to the next whole cent.

2 Tax on Meals and Rooms; Disposition of Revenue. Amend RSA 78-A:26, III to read as follows:

III. On or before December 1, 2021 and each December 1 thereafter, 30 percent of the net income determined under the introductory paragraph of paragraph I of the most recent fiscal year, after deductions for the cost of administration and revenues deposited in the education trust fund pursuant to paragraph II, shall be deposited into the meals and rooms municipal revenue fund for distribution to the unincorporated towns, unorganized places, towns, and cities. The amount to be distributed to each such town, place, or city shall be determined by multiplying the total amount to be distributed by a fraction, the numerator of which shall be the population of the unincorporated town, unorganized place, town, or city and the denominator of which shall be the population of the state. The population figures shall be based on the latest resident population figures furnished by the office of planning and development.

3 Effective Date. This act shall take effect July 1, 2024.

1 Tax on Meals and Rooms; Imposition of Tax. Amend RSA 78-A:6, II to read as follows:

II. A tax is imposed on taxable meals of 7.5 percent of the charge for taxable meals over $1.00, provided that fractions of cents shall be rounded up to the next whole cent.

2 Tax on Meals and Rooms; Disposition of Revenue. Amend RSA 78-A:26, III to read as follows:

III. On or before December 1, 2021 and each December 1 thereafter, 30 percent or $129,200,000, whichever is greater, of the net income determined under the introductory paragraph of paragraph I of the most recent fiscal year, after deductions for the cost of administration and revenues deposited in the education trust fund pursuant to paragraph II, shall be deposited into the meals and rooms municipal revenue fund for distribution to the unincorporated towns, unorganized places, towns, and cities. The amount to be distributed to each such town, place, or city shall be determined by multiplying the total amount to be distributed by a fraction, the numerator of which shall be the population of the unincorporated town, unorganized place, town, or city and the denominator of which shall be the population of the state. The population figures shall be based on the latest resident population figures furnished by the office of planning and development.

3 Effective Date. This act shall take effect July 1, 2024.