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HR26: affirming revenue estimates for fiscal years 2010 and 2011.

Bill status: Passed

Bill details

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

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Taxation Public finance

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HR 26 – AS AMENDED BY THE HOUSE

02Jun2010… 2108h

2010 SESSION

10-2971

03/09

HOUSE RESOLUTION 26

A RESOLUTION affirming revenue estimates for fiscal years 2010 and 2011.

ANALYSIS

This house resolution affirms certain revenue estimates for fiscal years 2010 and 2011.

02Jun2010… 2108h

10-2971

03/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

A RESOLUTION affirming revenue estimates for fiscal years 2010 and 2011.

Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2010 and 2011 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 2010 and 2011.

Committee estimates are based on current rates.

FY 2010

FY 2011

GEN'L & EDUCATION TRUST FUND:

Official

Committee

Official

Committee

(Dollars in Millions)

Estimate

Estimate

Estimate

Estimate

Business Profits Tax

$313.100

$277.200

$317.000

$313.300

Business Enterprise Tax

189.700

167.800

192.000

189.700

Subtotal

502.800

445.000

509.000

503.000

Meals & Rooms Tax

251.100

228.300

253.200

245.000

Tobacco Tax

217.200

236.000

206.000

218.000

Liquor Sales

117.300

117.300

127.900

127.900

Interest & Dividends Tax

117.000

90.100

125.000

90.100

Insurance Tax

85.800

84.200

86.300

80.500

Communications Tax

82.000

75.000

85.000

75.000

Real Estate Transfer Tax

84.700

85.200

90.700

89.200

Court Fines & Fees

13.900

13.200

14.100

13.200

Securities Revenue

34.000

34.000

34.000

34.000

Utility Consumption Tax

6.000

6.000

6.000

6.000

Board & Care Revenue

19.900

18.500

20.500

20.200

Beer Tax

12.800

12.800

12.800

12.800

Racing & Games of Chance

3.700

2.800

3.700

2.900

FY 2010

FY 2011

Other

67.000

63.400

69.000

67.800

Gambling Winnings Tax

5.900

2.800

7.900

3.400

Tobacco Settlement Funds

49.400

44.200

50.000

44.200

SUBTOTAL

$1,670.500

$1,558.800

$1,701.100

$1,633.200

Medicaid Enhancement Tax

99.300

98.500

114.600

108.500

Medicaid Recoveries

22.300

19.400

23.100

19.200

Lottery Transfers to Education

74.700

68.000

77.700

77.700

Bingo Lucky 7 Transfers to Education

1.300

1.300

1.300

1.300

Utility Property Tax

28.000

29.000

28.000

28.000

Statewide Property Tax

363.000

363.200

363.000

363.600

TOTAL GEN'L & ED TRUST FUNDS

$2,259.100

$2,138.200

$2,308.800

$2,231.500

HIGHWAY FUNDS:

Official

Committee

Official

Committee

(Dollars in Millions)

Estimate

Estimate

Estimate

Estimate

Road Toll

$126.500

$124.500

$126.500

$126.500

Motor Vehicle Fees

150.100

145.600

134.800

133.300

Miscellaneous

19.800

25.400

19.800

20.400

TOTAL HIGHWAY FUNDS

$296.400

$295.500

$281.100

$280.200

FISH & GAME FUNDS:

Official

Committee

Official

Committee

(Dollars in Millions)

Estimate

Estimate

Estimate

Estimate

Fish & Game Licenses

$8.300

$8.000

$8.300

$9.100

Fines & Miscellaneous

2.170

2.000

2.950

2.200

TOTAL FISH & GAME FUNDS

$10.470

$10.000

$11.250

$11.300