Bill
Bill > SB2
summary
Introduced
02/01/2017
02/01/2017
In Committee
10/30/2017
10/30/2017
Crossed Over
04/04/2017
04/04/2017
Passed
Dead
06/22/2017
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
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=812&sy=2017&sortoption=&txtsessionyear=2017&txtbillnumber=SB2 |
| BillText | https://gc.nh.gov/bill_status/legacy/bs2016/billText.aspx?sy=2017&id=847&txtFormat=html |
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