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
06/30/2018
06/30/2018
Introduced Session
2018 Regular Session
Bill Summary
Reducing the rates of the business profits tax and the business enterprise tax.
AI Summary
This bill gradually reduces the rates of the business profits tax and the business enterprise tax in New Hampshire over the next four years. Specifically, it lowers the business profits tax rate from 7.8% in 2018 to 7.5% by 2021, and the business enterprise tax rate from 0.65% in 2018 to 0.50% by 2021. These changes are intended to provide tax relief and incentives for businesses operating in the state.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Inexpedient to Legislate: Motion Adopted Voice Vote 01/03/2018 House Journal 1 P. 46 (on 01/03/2018)
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