8feb90.....5001h

HOUSE BILL AMENDED BY THE HOUSE

1990 SESSION 3667B

90-2586

05

HOUSE BILL NO.   1038-FN-A 

INTRODUCED BY: Rep. Simon of Rockingham Dist. 9; Rep. Hynes of

Rockingham Dist. 28

REFERRED TO: Regulated Revenues

AN ACT relative to revenue raising measures and certain appropriations.

AMENDED ANALYSIS

This bill increases the tax imposed upon meals and rooms from 7 to 8 percent for the period beginning April 1, 1990, and ending June 30, 1991.

The bill makes supplemental appropriations to the department of resources and economic development for 1991 for vacation travel promotion and Cannon and Sunapee promotion marketing.

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EXPLANATION: Matter added appears in bold italics.

Matter removed appears in [brackets].

Matter which is repealed and reenacted or all new appears in regular type.

3667B

90-2586

05

HB 1038-FN

STATE OF NEW HAMPSHIRE

In the year of Our Lord one thousand

nine hundred and ninety

AN ACT

relative to revenue raising measures and certain appropriations.

Be it Enacted by the Senate and House of Represen-

tatives in General Court convened:

1 Rate of Meals and Rooms Tax for Biennium. Notwithstanding the provisions of RSA 78-A, the tax imposed under RSA 78-A:6 shall be imposed as follows for the period beginning April 1, 1990, and ending June 30, 1991:

I. A tax of 8 percent of the rent is imposed upon each occupancy.

II. A tax is imposed on taxable meals based upon the charge therefor as follows:

(a) Three cents for a charge between $.36 and $.37 inclusive;

(b) Four cents for a charge between $.38 and $.50 inclusive;

(c) Five cents for a charge between $.51 and $.62 inclusive;

(d) Six cents for a charge between $.63 and $.75 inclusive;

(e) Seven cents for a charge between $.76 and $.87 inclusive;

(f) Eight cents for a charge between $.88 and $1.00 inclusive.

(g) Eight percent of the charge for taxable meals over $1.00, provided that fractions of cents shall be rounded up to the next whole cent.

2 Supplemental Appropriation; Department of Resources and Economic Development; Vacation Travel Promotion. The following sums are hereby appropriated to the department of resources and economic development for fiscal year 1991 to PAU 03, 03, 02, 03, class lines 90 and 93. This appropriation is in addition to any other funds appropriated to such PAU for the biennium.

Fiscal Year 1991

90 Printing Adv. Branch Office $535,500

93 Joint Promotional Advertising $314,500

Total $850,000

The governor is authorized to draw his warrant for such sums out of any money in the treasury not otherwise appropriated.

3 Supplemental Appropriation; Department of Resources and Economic Development; Cannon Promotion Marketing. The sum of $75,000 is hereby appropriated to the department of resources and economic development for fiscal year 1991 to PAU 03, 03, 04, 02, 01, class line 92, Cannon-promotion marketing. This appropriation is in addition to any other funds appropriated to such PAU for the biennium. The governor is authorized to draw his warrant for such sum out of any money in the treasury not otherwise appropriated.

4 Supplemental Appropriation; Department of Resources and Economic Development; Sunapee Promotion Marketing. The sum of $75,000 is hereby appropriated for fiscal year 1991 to PAU 03, 03, 04, 02, 02, class line 92, Sunapee-promotion marketing. This appropriation is in addition to any other funds appropriated to such PAU for the biennium. The governor is authorized to draw his warrant for such sum out of any money in the treasury not otherwise appropriated.

5 Effective Date.

I. Section 1 of this act shall take effect April 1, 1990.

II. The remainder of this act shall take effect July 1, 1990.

LBAO

LSR 90-2586

10/11/89

FISCAL NOTE for an act eliminating the tax stamp on Lucky 7 tickets.

FISCAL IMPACT:

The Sweepstakes Commission indicates this bill will decrease state revenues and expenditures by $65,000 in FY 1991, by $65,000 in FY 1992, by $68,000 in FY 1993 and by $68,000 in FY 1994. Local revenues will decrease by the same amount. There will be no impact on county and local expenditures, nor on county revenues.

METHODOLOGY:

The Commission states that eliminating the tax stamps would decrease state revenues, and thus the funds it transfers to local education. According to the Commission, it can absorb any cost entailed by writing and processing new rules.

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