SB146: relative to liquor profits deposited into the alcohol abuse prevention and treatment fund.

SB 146-FN-A – AS INTRODUCED

2009 SESSION

09-0980

04/03

SENATE BILL 146-FN-A

AN ACT relative to liquor profits deposited into the alcohol abuse prevention and treatment fund.

SPONSORS: Sen. Odell, Dist 8; Rep. Harding, Graf 11; Rep. Butynski, Ches 4; Rep. P. McMahon, Merr 3; Rep. S. Harvey, Hills 21; Rep. Taylor, Graf 2

COMMITTEE: Ways and Means

ANALYSIS

This bill reduces the percentage of profits deposited into the alcohol abuse prevention and treatment fund to 3.5 percent.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-0980

04/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to liquor profits deposited into the alcohol abuse prevention and treatment fund.

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

1 Liquor Commission; Funds. Amend RSA 176:16, II to read as follows:

II. [Fifty percent of the amount by which the current year gross profits exceed fiscal year 2001 actual gross profit, but not more than 5] Three and one-half percent of the current year gross profits derived by the commission from the sale of liquor and other revenues[,] shall be deposited into the alcohol abuse prevention and treatment fund established by RSA 176-A:1.

2 Effective Date. This act shall take effect 60 days after its passage.

LBAO

09-0980

Revised 03/04/09

SB 146 FISCAL NOTE

AN ACT relative to liquor profits deposited into the alcohol abuse prevention and treatment fund.

FISCAL IMPACT:

The Department states this bill will decrease state restricted revenue and increase state general fund revenue by $2,307,900 in FY 2010, $2,395,500 in FY 2011, $2,639,100 in FY 2012, and $2,889,900 in FY 2013. This bill will have no fiscal impact on county and local revenues or state, county, and local expenditures.

METHODOLOGY:

The Department of Health and Human Services states this bill reduces the percentage of liquor gross profits deposited into the alcohol abuse prevention and treatment fund (AAPTF) from 5% to 3.5%.

FY 2010

FY 2011

FY 2012

FY 2013

Liquor Expected

Gross Profits

$153,860,000

$159,700,000

$175,940,000

$192,660,000

Current (5%)*

$7,693,000

$7,985,000

$8,797,000

$9,633,000

Proposed (3.5%)

$5,385,100

$5,589,500

$6,157,900

$6,743,100

Decrease

($2,307,900)

($2,395,500)

($2,639,100)

($2,889,900)

*Note: RSA 176:16, II states 50% of the amount by which the current year gross profits exceed fiscal year 2001 actual gross profit, but not more than 5% of the current year gross profits will be deposited into the AAPTF. 50% of the net of FY 2010 gross profits and 2001 actual gross profits is $32.28 million, ( 50% * (153.86 million – 89.3 million)), which exceeds 5% of the current year gross profits. Therefore, 5% of the current year profits will be deposited into the AAPTF in FY 2010 and used for comparison in this analysis.

The New Hampshire State Liquor Commission states a change in the allocation of liquor revenues has no fiscal impact to the Commission.

This bill does not appropriate funds or establish positions.