SB635: (New Title) establishing a health reimbursement arrangement tax credit program and making an appropriation for improvements in the department of revenue administration's information management system.

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RSA references from bill data

• 541-A · add · effective 2026-07-01

  ed taxpayer shall not be entitled to a carry-back or refund of any unused credit. II. The commissioner of the department of revenue administration shall adopt rules, pursuant to RSA 541-A, relative to implementing the administration of the health reimbursement arrangement tax credit program established under this chapter. 3 New Paragraph; Taxation; Business Profits Tax; Health Reimbursement Arrangeme

• 77-A · reference · effective 2026-07-01

  axpayer” means an employer with fewer than 50 employees that is a corporation, a limited liability company, a partnership, or another entity that has any state tax liability under RSA 77-A or RSA 77-E. 77-H:2 Eligibility Criteria. A qualified taxpayer may claim a credit against their tax due under RSA 77-A and RSA 77-E, in the manner described in RSA 77-H:3, for qualified contributions of $300 per

• 77-A:5 · amend · effective 2026-07-01

  mbursement arrangement tax credit program established under this chapter. 3 New Paragraph; Taxation; Business Profits Tax; Health Reimbursement Arrangement Tax Credit. Amend RSA 77-A:5 by inserting after paragraph XVII the following new paragraph: XVIII. There shall be allowed a health reimbursement arrangement tax credit, as established in RSA 77-H, against taxes due under this chapter for any un

• 77-E · reference · effective 2026-07-01

  ns an employer with fewer than 50 employees that is a corporation, a limited liability company, a partnership, or another entity that has any state tax liability under RSA 77-A or RSA 77-E. 77-H:2 Eligibility Criteria. A qualified taxpayer may claim a credit against their tax due under RSA 77-A and RSA 77-E, in the manner described in RSA 77-H:3, for qualified contributions of $300 per covered empl

• 77-H · amend · effective 2026-07-01

  Amend RSA 77-A:5 by inserting after paragraph XVII the following new paragraph: XVIII. There shall be allowed a health reimbursement arrangement tax credit, as established in RSA 77-H, against taxes due under this chapter for any unused portion of credit that has not been applied to the taxes due under RSA 77-E. 4 New Section; Taxation; Business Enterprise Tax; Health Reimbursement Arrangement Ta

• 77-H:2 · reference · effective 2026-07-01

  d. 77-H:3 Health Reimbursement Arrangement Tax Credit. I. There shall be allowed a health reimbursement arrangement tax credit applied to a qualified taxpayer, as set forth in RSA 77-H:2, for qualified contributions made during the taxable year, as follows: (a) To receive the credit provided under this chapter, a qualified taxpayer shall submit an application on a form to be prescribed by the commis

• 77-H:3 · reference · effective 2026-07-01

  der RSA 77-A or RSA 77-E. 77-H:2 Eligibility Criteria. A qualified taxpayer may claim a credit against their tax due under RSA 77-A and RSA 77-E, in the manner described in RSA 77-H:3, for qualified contributions of $300 per covered employee per year for no more than 2 years, which shall be consecutive, if: (a) The qualified taxpayer did not contribute to an employer sponsored group health insura

RSAs mentioned by this document

• RSA 77-A · BUSINESS PROFITS TAX
• RSA 77-E · BUSINESS ENTERPRISE TAX
• RSA 541-A · ADMINISTRATIVE PROCEDURE ACT
• RSA 77-A:5 · Credits