HB1629: establishing a committee to study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees.

HB 1629 - AS INTRODUCED

2018 SESSION

18-2562

10/08

HOUSE BILL 1629

AN ACT establishing a committee to study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees.

SPONSORS: Rep. Cilley, Straf. 4; Rep. J. Schmidt, Hills. 28; Rep. Cloutier, Sull. 10; Rep. Lisle, Hills. 35; Rep. Altschiller, Rock. 19; Sen. Fuller Clark, Dist 21

COMMITTEE: Ways and Means

ANALYSIS

This bill establishes a committee to study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2562

10/08

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

AN ACT establishing a committee to study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees.

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

1 Committee Established. There is established a committee to study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees.

2 Membership and Compensation.

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

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

(b) Two 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.

3 Duties. The committee shall study establishing business tax credits for companies that pay a liveable wage and provide adequate benefits to their employees, including the feasibility of discouraging employers whose pay and benefits result in their workers relying on federal subsidies such as Medicaid and food stamps.

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. Three members of the committee shall constitute a quorum.

5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2018.

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