NH Society of CPAs Client Report Devine Millimet

Bill Priority Position Sponsors Title & Synopsis Status Notes CACR 17 Rep. Thomas Schamberg Relating to Taxation. Providing That A New State Broad- Committees: Ways and Means/H based Tax May Be Enacted Only to Reduce Property Taxes. House Status: To Be Introduced 01/08/2020 and This constitutional amendment concurrent resolution Referred to Ways and Means provides that a state broad-based tax may only be enacted to reduce property taxes. Senate Status:

HB 1160 Rep. Michael Edgar; Rep. Jim Allowing Municipalities to Collect An Occupancy Fee Committees: Municipal and Maggiore; Rep. ; From Operators Of Local Room Rentals. County Government/H Rep. ; Rep. Patricia Bushway; Rep. Peter This bill enables a municipality to collect an occupancy House Status: Somssich; Rep. Robert Renny fee from room rentals for the purpose of establishing a To Be Introduced 01/08/2020 and Cushing; Rep. ; Rep. municipal capital fund, revolving fund, or tourism support Referred to Municipal and County ; Rep. Tom fund. Government Loughman; Sen. David Watters; Sen. Martha Fuller Clark; Sen. Senate Status: ; Rep. Jim Maggiore; Rep. John Cloutier; Rep. Laura Pantelakos; Rep. Patricia Bushway; Rep. Peter Somssich; Rep. Robert ; Rep. Skip Cleaver; Rep. Susan Almy; Rep. Tom Loughman; Sen. David Watters; Sen. Martha Fuller Clark; Sen. Tom Sherman

HB 1161 Rep. Richard Ames; Rep. Patrick Relative to Electronic Filings Of Meals and Rooms Tax Committees: Ways and Means/H Abrami; Rep. Patrick Abrami Returns and Interest On Payments Of State Taxes. House Status: This bill clarifies electronic filing of meals and rooms To Be Introduced 01/08/2020 and taxes. The bill also excludes interest for the 30-day Referred to Ways and Means period after notice of assessment of state taxes for amounts paid within the 30-day period. This bill is a Senate Status: request of the department of revenue administration.

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 1186 Rep. Kenneth Wells; Rep. Chris Establishing A Committee to Study The Filing Of Certain Committees: Commerce and Balch; Rep. Kat McGhee; Rep. Organizational Income Reports with The Secretary Of Consumer Affairs/H Robert Renny Cushing; Rep. State. ; Rep. Kat McGhee; House Status: Rep. Robert Renny Cushing This bill establishes a committee to study the filing of To Be Introduced 01/08/2020 and certain organizational income reports with the secretary Referred to Commerce and of state. Consumer Affairs

Senate Status:

HB 1200 Rep. Patrick Abrami; Rep. Richard Relative to The Tax Expenditure Report. Committees: Ways and Means/H Ames; Rep. Richard Ames This bill removes the consideration of weighted House Status: apportionment factors under the business profits tax To Be Introduced 01/08/2020 and from inclusion in the tax expenditure report. This bill is a Referred to Ways and Means request of the department of revenue administration. Senate Status:

HB 1248 Rep. Casey Conley; Rep. Andrew Relative to Community Revitalization Tax Relief Committees: Municipal and Bouldin; Rep. Chuck Grassie; Incentives. County Government/H Rep. David Meuse; Rep. ; Rep. Nicole Klein-Knight; This bill enables municipalities to offer community House Status: Rep. Skip Cleaver; Rep. Wendy revitalization tax incentives for the construction of To Be Introduced 01/08/2020 and Chase; Sen. David Watters; Rep. additional housing in designated areas. Referred to Municipal and County ; Rep. Chuck Government Grassie; Rep. David Meuse; Rep. Donovan Fenton; Rep. Nicole Senate Status: Klein-Knight; Rep. Skip Cleaver; Rep. ; Sen. David Watters

HB 1423 Rep. Linda Tanner; Rep. Relative to Reports On Education Tax Credit Committees: Education/H Constance Van Houten; Rep. Scholarships. Stephen Woodcock; Rep. House Status: Constance Van Houten; Rep. This bill adds to the requirements for scholarship To Be Introduced 01/08/2020 and Stephen Woodcock organization reports to the department of revenue Referred to Education administration. Senate Status:

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 1474 Rep. Werner Horn Relative to Deductions From The Business Profits Tax Committees: Ways and Means/H For Investment In Federal Opportunity Zones In . House Status: To Be Introduced 01/08/2020 and This bill establishes a deduction from gross business Referred to Ways and Means profits under the business profits tax for income invested in an Opportunity Zone located in New Hampshire as Senate Status: established under the Tax Cuts and Jobs Act.

HB 1565 Rep. Tom Loughman; Rep. Jerry Relative to Information On Meals and Rooms Tax Committees: Ways and Means/H Stringham; Rep. Robert Renny Revenues In Each Municipality and Requiring Direct Cushing; Rep. Thomas Payment Of Certain Revenues to Municipalities. House Status: Schamberg; Sen. Martha Fuller To Be Introduced 01/08/2020 and Clark; Sen. Tom Sherman; Rep. This bill requires the department of revenue Referred to Ways and Means Jerry Stringham; Rep. Robert administration to collect information from operators Renny Cushing; Rep. Thomas collecting taxes under the meals and rooms tax on the Senate Status: Schamberg; Sen. Martha Fuller location of the town, city, or unincorporated place where Clark; Sen. Tom Sherman revenues were collected. The bill also requires that operators collecting the meals and rooms taxes pay 1/9 of the revenues directly to the treasurer of the town, city, or unincorporated place in which a place of business is located. HB 1567 Rep. Thomas Schamberg Relative to Worldwide Combined Reporting For Unitary Committees: Ways and Means/H Businesses Under The Business Profits Tax. House Status: This bill repeals the water's edge combined group To Be Introduced 01/08/2020 and provisions of the business profits tax. Referred to Ways and Means

Senate Status:

HB 1574 Rep. Relative to State Health Savings Accounts. Committees: Executive Departments and Administration/H This bill requires the commissioner of the department of administrative services to contract with a suitable House Status: company or suitable companies to provide health To Be Introduced 01/08/2020 and savings accounts for a high deductible health plan. Referred to Executive Under this bill, all public and private employees may Departments and Administration elect to participate in the health savings account program. This bill also exempts any balances in health Senate Status: savings accounts from the interest and dividends tax.

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 1579 Rep. Harrison Kanzler; Rep. Anita Relative to Collection Of Tax For Short-term Rentals Committees: Ways and Means/H Burroughs; Rep. Under The Meals and Rooms Tax. House Status: This bill modifies the percentage retained by an operator To Be Introduced 01/08/2020 and of a short-term rental under the meals and rooms tax Referred to Ways and Means and credits the revenue to the affordable housing fund. The provisions of the bill are repealed in 5 years. Senate Status:

HB 1638 Rep. Joelle Martin; Rep. Karen Relative to The Administration Of The Snap Incentive Committees: Health, Human Ebel; Rep. Mary Beth Walz; Rep. Programs. Services and Elderly Affairs/H ; Rep. Polly Campion; Rep. Skip Berrien; Rep. This bill requires the department of health and human House Status: Wendy Chase; Rep. Werner Horn; services to implement and administer SNAP health To Be Introduced 01/08/2020 and Sen. Martha Fuller Clark; Rep. incentive programs and makes an appropriation to the Referred to Health, Human Karen Ebel; Rep. Mary Beth Walz; department for this purpose. Services and Elderly Affairs Rep. Nancy Murphy; Rep. Polly Campion; Rep. Skip Berrien; Rep. Senate Status: Wendy Chase; Rep. Werner Horn; Sen. Martha Fuller Clark

HB 114 Rep. Carol McGuire; Rep. Betty Prohibiting The State From Entering Into or Enforcing Committees: Commerce and Gay; Rep. Glenn Cordelli; Rep. Agreements Concerning Sales Tax Collection with Other Consumer Affairs/H; Ways and James Spillane; Rep. Jess States. Means/H Edwards; Rep. ; Rep. Peter Torosian; Rep. Timothy This bill prohibits the state of New Hampshire from RETAINED Lang entering into or enforcing agreements with other states concerning sales tax collection by those other states. House Status: Committee Report: Inexpedient to Legislate (Vote 18-0; CC)

Senate Status:

HB 117 Rep. Timothy Lang; Rep. Kenneth Increasing Exemptions Under The Interest and Committees: Ways and Means/H DRA Weyler; Rep. ; Sen. Dividends Tax and Decreasing The Total Amount Of John Reagan Research and Development Credits Against Business RETAINED Taxes. House Status: This bill increases exemption amounts under the interest Committee Report: Refer for and dividends tax and decreases the annual total Interim Study (Vote 18-1; CC) aggregate amount of the research and development tax credit against business taxes. Senate Status:

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 265 Rep. Michael Harrington Relative to The Collection Of Sales Taxes Of Foreign Committees: Ways and Means/H Jurisdictions By New Hampshire Businesses. RETAINED This bill states that no New Hampshire business shall be required to collect sales taxes for a foreign jurisdiction House Status: unless mandated by Congress. Committee Report: Inexpedient to Legislate (Vote 18-0; CC)

Senate Status:

HB 274 Rep. ; Rep. Relative to The Payment Of The Meals and Rooms Tax Process Note: John Graham; Rep. Norman By Individuals Renting Cars Through An Online Service. Less likely to pass. Major; Rep. Richard Hinch This bill modifies definitions under the meals and rooms Committees: Ways and Means/H tax to include as taxable motor vehicle rentals the prearrangement of motor vehicle rentals with an online RETAINED enabled technology application service, website, or system. House Status: Committee Report: Ought to Pass with Amendment #2019-2751h (NT)

Senate Status:

HB 416 Rep. Glenn Cordelli; Rep. Al Relative to The Collection Of Private Customer Committees: Ways and Means/H Baldasaro; Rep. Carol McGuire; Information Of New Hampshire Retailers By Foreign Rep. ; Rep. Lynne States. RETAINED Ober; Rep. Richard Hinch; Sen. This bill clarifies New Hampshire's prohibition on House Status: requiring New Hampshire retailers from providing Committee Report: Inexpedient to customer information for use in determining sales and Legislate (Vote 18-0; CC) use tax liability in a foreign state. Senate Status:

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 623 Rep. Susan Almy; Rep. Relative to The Rates Of The Business Profits Tax and Committees: Ways and Means/H; Christopher Herbert; Rep. Donna Business Enterprise Tax. Finance/H Mombourquette; Rep. John Cloutier; Rep. Kristina Schultz; This bill establishes the rates of the business profits tax RETAINED Rep. Marjorie Porter; Rep. and the business enterprise tax for taxpayer tax years Michael Edgar; Rep. Sallie ending on or after December 31, 2019 and for House Status: Fellows; Rep. ; subsequent tax years, and repeals rate reductions Committee Report: Inexpedient to Rep. Timothy Smith effective in 2021. Legislate (Vote 20-0; CC)

Senate Status:

HB 653 Rep. Edward Butler Relative to The Payment Of The Meals and Rooms Tax Committees: Ways and Means/H For Short-term Rentals. RETAINED This bill requires the business collecting the rent paid for a short-term rental through a short-term rental, home House Status: sharing Internet site or application be primarily Committee Report: Inexpedient to responsible for the payment of the meals and rooms tax Legislate (Vote 18-0; CC) to the department of revenue administration. Senate Status:

HB 686 Rep. Richard Ames; Rep. Joelle Relative to Calculating and Funding The Interim Cost Of Committees: Ways and Means/H; Martin; Rep. John Cloutier; Rep. An Opportunity For An Adequate Education and Finance/H Marjorie Porter; Rep. Mary Jane Extending The Interest and Dividends Tax to Capital Wallner; Rep. Patricia Lovejoy; Gains. RETAINED Rep. Robert Renny Cushing; Rep. ; Rep. Wayne This bill extends the interest and dividends tax to capital House Status: Moynihan; Sen. gains and increases exemptions for the tax. The bill Committee Report: Inexpedient to revises the per pupil rates for the formula for Legislate (Vote 20-0; CC) determining adequate education grants to school districts. The bill also reduces the total amount collected Senate Status: from the state education property tax beginning July 2021.

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Bill Priority Position Sponsors Title & Synopsis Status Notes HB 698 Rep. Betty Gay; Rep. Al Relative to Foreign Taxing Jurisdictions Compelling New Committees: Ways and Means/H Baldasaro; Rep. Alicia Lekas; Hampshire Businesses to Collect and Remit Sales Rep. Carol McGuire; Rep. Jess Taxes Incurred By Citizens Of Their Respective States. RETAINED Edwards; Rep. John Potucek; Rep. Kenneth Weyler; Rep. Kevin This bill prohibits foreign taxing jurisdictions from House Status: Pratt; Rep. Richard Hinch; Rep. imposing sales and use tax collection obligations on Committee Report: Inexpedient to Tony Lekas certain sellers in New Hampshire. This bill allows New Legislate (Vote 18-0; CC) Hampshire sellers to comply with any directive of a foreign taxing authority, while preserving the seller’s Senate Status: rights under the statute, if the seller determines that such compliance is in the seller’s best interest.

CACR 11 Rep. Michael Harrington; Rep. Relating to Taxes. Providing That A Broad-based Sales Committees: Ways and Means/H Glenn Cordelli; Rep. John Tax Shall Be Prohibited. Potucek LAID ON TABLE This constitutional amendment concurrent resolution prohibits the adoption of any broad-based sales tax in New Hampshire not in effect as of January 1, 2019.

HB 632 Rep. Joelle Martin; Rep. David Relative to The Education Tax Credit. Committees: Ways and Means/H DRA Luneau; Rep. Dennis Malloy; Rep. Douglas Ley; Rep. Linda Tanner; This bill removes the application of the education tax LAID ON TABLE Rep. Marjorie Porter; Rep. Mary credit in RSA 77-G to taxes due under the interest and Beth Walz; Rep. ; dividends tax, and on July 1, 2020 deletes the education Rep. Richard Ames; Sen. Cindy tax credit program. Rosenwald; Sen.

HB 641 Rep. Michael Edgar; Rep. Aboul Allowing Municipalities to Collect An Occupancy Fee Committees: Municipal and Khan; Rep. John Cloutier; Rep. From Operators Of Local Room Rentals. County Government/H; Ways and Laura Pantelakos; Rep. Robert Means/H; Election Law and Renny Cushing; Rep. Skip This bill enables a municipality to collect an occupancy Municipal Affairs/S Cleaver; Rep. Susan Almy; Rep. fee from room rentals for the purpose of establishing a Suzanne Smith; Rep. Tom municipal capital fund, revolving fund, or tourism support LAID ON TABLE Loughman; Sen. Tom Sherman fund.

SB 474 Sen. Jeanne Dietsch Relative to The Income Tax On Interest and Dividends. Committees: Ways and Means/S

This bill provides that the taxation of interest and House Status: dividends under RSA 77 is known as the income tax on interest and dividends. Senate Status: To Be Introduced 01/08/2020 and Referred to Ways and Means

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Bill Priority Position Sponsors Title & Synopsis Status Notes SB 223 Sen. Jeanne Dietsch; Rep. Daniel Increasing The Minimum Gross Business Income Committees: Ways and Means/S Pickering; Rep. ; Required For Filing A Business Profits Tax Return. Sen. James Gray REREFERRED This bill increases the minimum gross business income required for filing a business profits tax return. House Status:

Senate Status: Committee Report: Ought to Pass with Amendment #2019-2871s, 01/08/2020

SB 244 Sen. ; Rep. Relative to Taxes Applicable to Certain Real Estate Committees: Ways and Means/S David Danielson; Rep. Kermit Investment Trusts. Williams; Rep. Peter Petrigno; REREFERRED Sen. Jeb Bradley; Sen. Martha This bill provides for the exclusion or exemption for Hennessey distributions or transfers from publicly offered real estate House Status: investment trusts from the interest and dividends tax, the business profits tax, the business enterprise tax, the real estate transfer tax, and certain trust laws. Senate Status: Committee Report: Inexpedient to Legislate, 01/08/2020

SB 135 Sen. Lou D'Allesandro; Rep. Relative to The Rates Of The Business Profits Tax and Committees: Ways and Means/S ; Rep. Peter The Business Enterprise Tax. Leishman; Rep. William Hatch; LAID ON TABLE Sen. Dan Feltes; Sen. ; This bill amends the rate changes to the business profits Sen. Jeanne Dietsch; Sen. tax and the business enterprise tax by retaining the applicable rate for 2018 for use in 2019, and postponing the future rate changes to those taxes made in 2017, 156 to be effective 2 years later.

LSR 2517 Rep. Jerry Stringham; Rep. Relative to Increases and Reductions In State Tax Rates Committees: Thomas Schamberg and Revenues. House Status:

Senate Status:

LSR 2577 Rep. Susan Almy Relative to Filing Of Business Profits Tax Returns. Committees:

House Status:

Senate Status:

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Bill Priority Position Sponsors Title & Synopsis Status Notes LSR 2630 Rep. Richard Ames Relative to Business Tax Conformity to The Internal Committees: Revenue Code. House Status:

Senate Status:

LSR 2819 Sen. ; Sen. Jeanne Relative to Economic Revitalization Zone Tax Credits. Committees: Dietsch; Sen. Jeb Bradley; Sen. Lou D'Allesandro; Sen. House Status:

Senate Status:

LSR 3080 Sen. Jay Kahn; Rep. David Establishing A Credit Against Business Taxes For Committees: Doherty; Rep. Linda Tanner; Sen. Employer Payments In The Graduate Retention Dan Feltes; Sen. David Watters; Incentive Partnership Program. House Status: Sen. ; Sen. Senate Status:

LSR 3088 Rep. ; Rep. Betty Prohibiting Paper Billing Fees. Committees: Gay; Rep. Jack Flanagan; Rep. Mary Beth Walz; Rep. Suzanne House Status: Vail; Rep. Terry Roy; Rep. Vincent Paul Migliore; Rep. William Fowler Senate Status:

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