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HB1311: (New Title) establishing a committee to study decreasing the insurance premium tax.

Bill status: Signed by Governor

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

Taxation Insurance

Official links

CHAPTER 84

HB 1311-FN – FINAL VERSION

29Jan2004… 0161h

03/17/04 0816s

2004 SESSION

03-2251

01/09

HOUSE BILL 1311-FN

AN ACT establishing a committee to study decreasing the insurance premium tax.

AMENDED ANALYSIS

This bill establishes a committee to study decreasing the insurance premium tax from 2 percent to one 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

29Jan2004… 0161h

03/17/04 0816s

03-2251

01/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Four

AN ACT establishing a committee to study decreasing the insurance premium tax.

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

84:1 Committee Established. There is established a committee to study decreasing the insurance premium tax from 2 percent to one percent.

84:2 Membership and Compensation.

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

(a) Five members of the house of representatives, appointed by the speaker of the house.

(b) Three members of the senate, appointed by the president of the senate.

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

84:3 Duties. The committee shall study the issue of decreasing the insurance premium tax from 2 percent to one percent.

84:4 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 house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Six members of the committee shall constitute a quorum.

84:5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the senate president, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2004.

84:6 Effective Date. This act shall take effect upon its passage.

(Approved: May 7, 2004)

(Effective Date: May 7, 2004)