2001 SESSION

01-0781

09/10

HOUSE BILL 338-FN-A

COMMITTEE: Ways and Means

ANALYSIS

This bill increases the rate of the meals and rooms tax from 8 to 9 percent.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

01-0781

09/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand One

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

1 Rate of Meals and Rooms Tax Increased. Amend RSA 78-A:6 to read as follows:

78-A:6 Imposition of Tax.

I. A tax of [8] 9 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] Four cents for a charge between $.36 and $.37 inclusive;

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

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

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

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

(f) [Eight] Nine cents for a charge between $.88 and $1.00 inclusive;

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

II-a. A tax of [8] 9 percent is imposed upon the gross rental receipts of each rental.

III. The operator shall collect the taxes imposed by this section and shall pay them over to the state as provided in this chapter.

2 Effective Date. This act shall take effect July 1, 2001.

LBAO

01-0781

1/23/01

HB 338-FN-A - FISCAL NOTE

FISCAL IMPACT: