SB 186  - AS INTRODUCED

 

 

2017 SESSION

17-0913

10/06

 

SENATE BILL 186

 

AN ACT establishing a committee to study the tax characterization of stormwater utility fees.

 

SPONSORS: Sen. Watters, Dist 4; Sen. Fuller Clark, Dist 21; Sen. Reagan, Dist 17; Sen. Gannon, Dist 23; Rep. Southworth, Straf. 20; Rep. Spang, Straf. 6; Rep. Spencer, Straf. 18; Rep. Malloy, Rock. 23

 

COMMITTEE: Ways and Means

 

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ANALYSIS

 

This bill establishes a committee to study the tax characterization of stormwater utility fees.

 

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0913

10/06

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT establishing a committee to study the tax characterization of stormwater utility fees.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Committee Established.  There is established a committee to study the tax characterization of stormwater utility fees.

2  Membership and Compensation.

I.  The members of the committee shall be as follows:

(a)  Two members of the senate, appointed by the president of the senate.

(b)  Four members of the house of representatives, appointed by the speaker of the house of representatives.

II.  Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3  Duties.  The committee shall study the tax characterization of stormwater utility fees.  The study shall examine the structure of the stormwater utility fees assessed under RSA 149-I:6-a through 6-d to determine the feasibility of recharacterizing the assessments as an ad valorem tax in order to alow for their deductibility against federal income taxes, or otherwise restructuring the stormwater utility fees.  

4  Chairperson; Quorum.  The members of the study committee shall elect a chairperson from among the members.  The first meeting of the committee shall be called by the first-named senate member.  The first meeting of the committee shall be held within 45 days of the effective date of this section.  Four members of the committee shall constitute a quorum.

5  Report.  The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2017.

6  Effective Date.  This act shall take effect upon its passage.