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HB212: prohibiting state agencies from acting as a withholding agent for unregistered foreign corporate trusts.

Bill details

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

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HB 212 - AS INTRODUCED

2019 SESSION

19-0243

05/04

HOUSE BILL 212

AN ACT prohibiting state agencies from acting as a withholding agent for unregistered foreign corporate trusts.


ANALYSIS

This bill prohibits a state agency from acting as a withholding agent for an unregistered foreign corporate trust not authorized to do business in this state.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0243

05/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nineteen

AN ACT prohibiting state agencies from acting as a withholding agent for unregistered foreign corporate trusts.

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

1 State Agency; Financial Withholding for Unregistered Foreign Corporate Trust Prohibited. No state agency shall act as a withholding agent, or otherwise provide free accounting services, to an unregistered, foreign corporate trust not authorized to do business in this state.

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