HB 1422 (2024)
Reduce BPT, BET, communications services tax, meals and rooms tax
Summary:
Gradually reduces the business profits tax (BPT) to 7.0% in 2029. This bill also gradually reduces the business enterprise tax (BET) to 0.25% in 2027. This bill then gradually phases out the communications services tax. Lastly, this bill gradually reduces the meals and rooms tax to 6% in fiscal year 2027.
Bill Became Law?:
No
Status:
Status Detail:
Interim Study
Public Hearing Date:
01/16/2024 10:00 am
Public Hearing Location:
LOB Room 202-204
House Voting Date:
02/22/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1101&inflect=2
Browse related articles and bills:
