Bill

Bill > SB2


NH SB2

NH SB2
Reducing the rates of the business profits tax and the business enterprise tax.


summary

Introduced
02/01/2017
In Committee
10/30/2017
Crossed Over
04/04/2017
Passed
Dead
06/22/2017

Introduced Session

2017 Regular Session

Bill Summary

Reducing the rates of the business profits tax and the business enterprise tax.

AI Summary

This bill reduces the rates of the business profits tax (BPT) and the business enterprise tax (BET) in New Hampshire. Specifically, it lowers the BPT rate from 8.2% to 7.5% and the BET rate from 0.675% to 0.5%. The changes are applicable to taxable periods ending on or after December 31, 2018 and take effect upon the bill's passage.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Committee Report: Inexpedient to Legislate for 01/03/2018 (Vote 23-0; Consent Calendar) (on 10/30/2017)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...