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HR12: affirming revenue estimates for fiscal years 2007, 2008, and 2009.

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

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HR 12 – AS INTRODUCED

2007 SESSION

07-1338

09/10

HOUSE RESOLUTION 12

A RESOLUTION affirming revenue estimates for fiscal years 2007, 2008, and 2009.

ANALYSIS

This house resolution affirms certain revenue estimates for fiscal years 2007, 2008, and 2009.

07-1338

09/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

A RESOLUTION affirming revenue estimates for fiscal years 2007, 2008, and 2009.

Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2007, 2008, and 2009 and has presented those estimates to the House of Representatives; now, therefore, be it

Resolved by the House of Representatives:

That the House wishes to go on record as affirming the following revenue estimates for fiscal years 2007, 2008, and 2009.

Committee estimates are based on current rates.

(A)

(B)

(C)

(D)

FY 2007

FY 2008

FY 2009

GENERAL FUND: (Dollars in Millions)

Official Estimate

Committee Estimate

Committee Estimate

Committee Estimate

Business Profits Tax

$298.600

$330.100

$354.800

$375.300

Business Enterprise Tax

225.300

261.900

281.400

297.600

Subtotal

523.900

592.000

636.200

672.900

Statewide Property Tax

363.000

363.000

363.000

363.000

Meals & Rooms Tax

217.600

208.000

218.400

228.200

Tobacco Tax

144.500

140.000

213.400

207.400

Real Estate Transfer Tax

181.000

140.000

144.200

151.400

Liquor Sales

129.000

127.100

135.000

143.100

Interest & Dividends Tax

73.300

103.000

113.500

123.600

Insurance Tax

95.300

96.000

95.500

96.300

Communications Tax

74.100

72.000

74.900

77.900

Other

61.100

65.500

70.300

74.700

Tobacco Settlement Funds

43.000

40.300

47.700

49.300

Securities Revenue

31.500

32.000

33.000

34.000

Court Fines & Fees

30.400

30.700

31.000

31.500

Utility Property Tax

24.100

21.200

22.900

23.600

Board & Care Revenue

14.000

18.300

16.000

16.400

Beer Tax

12.600

12.600

12.800

12.900

Utility Consumption Tax

6.600

6.200

6.400

6.600

Horse and Dog Racing

3.400

3.000

3.000

3.000

Estate & Legacy Tax

4.100

0.800

0.100

0.100

Medicaid Enhancement Tax

75.800

82.800

91.000

91.800

(A)

(B)

(C)

(D)

FY 2007

FY 2008

FY 2009

Medicaid Recoveries

17.000

15.000

14.100

14.600

TOTAL GENERAL FUNDS

$2,125.300

$2,169.500

$2,342.400

$2,422.300

EDUCATION FUNDS (Dollars in Millions)

Lottery Transfers to Education

75.800

79.000

85.800

87.800

Bingo Lucky 7 Transfers to Education

2.200

1.600

1.500

1.500

TOTAL EDUCATION FUNDS

$78.000

$80.600

$87.300

$89.300

TOTAL GEN'L & EDUCATION FDS

$2,203.300

$2,250.100

$2,429.700

$2,511.600

(A)

(B)

(C)

(D)

FY 2007

FY 2008

FY 2009

HIGHWAY FUNDS: (Dollars in Millions)

Official Estimate

Committee Estimate

Committee Estimate

Committee Estimate

Road Toll

$134.200

$127.700

$137.900

$139.900

Motor Vehicle Fees

93.900

94.100

103.800

105.400

Miscellaneous

10.400

11.900

13.600

13.700

TOTAL HIGHWAY FUNDS

$238.500

$233.700

$255.300

$259.000

FISH & GAME FUNDS: (Dollars in Millions)

Fish & Game Licenses

$8.300

$8.300

$8.300

$8.300

Miscellaneous

1.200

1.200

1.500

1.500

TOTAL FISH & GAME FUNDS

$9.500

$9.500

$9.800

$9.800