HB 1329-FN-A-LOCAL – AS INTRODUCED
2006 SESSION
09/03
HOUSE BILL 1329-FN-A-LOCAL
AN ACT repealing the provision allowing operators to retain 3 percent of meals and rooms taxes collected.
SPONSORS: Rep. Vaillancourt, Hills 15; Rep. Bickford, Straf 3; Rep. Pratt, Ches 2; Rep. Butynski, Ches 4; Rep. J. Tilton, Merr 6
This bill repeals the provision allowing operators to retain 3 percent of meals and rooms taxes collected.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
06-2287
09/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT repealing the provision allowing operators to retain 3 percent of meals and rooms taxes collected.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Meals and Rooms Tax; Deduction by Operators Removed. Amend RSA 78-A:8, II to read as follows:
II. The taxes collected by every operator shall be paid to the state on or before the fifteenth day of the calendar month following their collection. The operator may [deduct from the taxes collected the compensation allowed by RSA 78-A:7, III, and] remit the [net] taxes by electronic funds transfer to the commissioner of revenue administration.
2 Repeal. The following are repealed:
I. RSA 78-A:7, III, relative to the 3 percent allowance for operators under the meals and rooms tax.
II. RSA 78-A:8, V, relative to forfeiture of amounts retailed.
3 Effective Date. This act shall take effect July 1, 2006.
LBAO
06-2287
10/24/05
HB 1329-FN-A-LOCAL - FISCAL NOTE
AN ACT repealing the provision allowing operators to retain 3 percent of meals and rooms taxes collected.
FISCAL IMPACT:
The Department of Revenue Administration has determined this bill will increase state general fund revenue by $5,615,000 in FY 2007, $5,670,000 in FY 2008, $5,725,000 in FY 2009 and $5,785,000 in FY 2010, and increase state expenditures by an indeterminable amount in FY 2007. There is no fiscal impact on county and local revenues or expenditures.
METHODOLOGY:
The Department calculated the state general fund revenue increase from repealing the 3% meals & rooms tax commission by using the total commission paid in FY 2005 as a base and applying a 1% growth factor to future years. The Department also indicates that state expenditures will increase for additional administrative costs to educate the operators of this change and to reprogram the Department’s computer systems, including the tax information management system. The cost of these changes is indeterminable.