Bill Text: NH HR12 | 2015 | Regular Session | Introduced
Bill Title: Affirming revenue estimates for fiscal years 2015, 2016, and 2017.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-11-18 - Died on the Table [HR12 Detail]
Download: New_Hampshire-2015-HR12-Introduced.html
HR 12 - AS INTRODUCED
2015 SESSION
15-1028
03/09
HOUSE RESOLUTION 12
A RESOLUTION affirming revenue estimates for fiscal years 2015, 2016, and 2017.
This house resolution affirms revenue estimates for fiscal years 2015, 2016, and 2017.
15-1028
03/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fifteen
A RESOLUTION affirming revenue estimates for fiscal years 2015, 2016, and 2017.
Whereas, the House Ways and Means Committee has considered what the unrestricted revenue estimates should be for fiscal years 2015, 2016, 2017 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 2015, 2016, and 2017.
Committee estimates are based on current law and economic conditions. Committee estimates will be updated in March, April, May and June to reflect current conditions and economic forecasts.
FY 2015 FY 2016 FY 2017
GEN’L & EDUCATION
TRUST FUND: Official Committee Committee Committee
(Dollars in Millions) Estimate Estimate Estimate Estimate
Business Profits Tax $340.500 $321.580 $328.000 $334.179
Business Enterprise Tax 227.700 214.420 218.700 222.821
Subtotal 568.200 536.000 546.700 557.000
Meals & Rooms Tax 265.200 273.800 287.500 300.400
Tobacco Tax 208.600 215.150 214.200 213.000
Liquor Sales 136.000 136.900 141.400 146.300
Interest & Dividends Tax 98.000 81.500 81.500 81.500
Insurance Tax* 109.500 115.100 116.800 104.300
Communications Tax 62.500 60.000 61.500 63.000
Real Estate Transfer Tax 102.200 114.850 113.400 118.000
Court Fines & Fees 13.000 13.500 13.800 13.800
Securities Revenue 37.600 41.800 42.200 42.800
Utility Consumption Tax 6.000 6.000 6.000 6.000
Beer Tax 13.200 13.400 13.400 13.400
Other 70.300 69.100 69.800 70.200
Lottery Transfers 77.300 77.100 73.200 75.200
Racing & Charitable Gaming 3.400 3.000 2.500 2.500
Tobacco Settlement 44.400 42.275 42.275 39.000
Utility Property Tax 35.400 42.500 41.300 41.800
Statewide Property Tax 363.600 363.400 363.100 363.100
Medicaid Recoveries 5.400 5.400 9.800 10.400
TOTAL GEN’L & EDUCATION
TRUST FUNDS $2,219.800 $2,210.775 $2,240.375 $2,261.700
*Insurance tax estimates do not include potential revenue associated with the implementation of step 2 of the New Hampshire Medicaid Care Management Program.
FY 2015 FY 2016 FY 2017
HIGHWAY FUNDS: Official Committee Committee Committee
(Dollars in Millions) Estimate Estimate Estimate Estimate
Road Toll $122.000 $121.800 $121.200 $120.600
Motor Vehicle Fees 109.900 110.000 106.300 112.900
Miscellaneous 15.000 15.000 1.300 0.900
TOTAL HIGHWAY FUNDS $246.900 $246.800 $228.800 $234.400
FY 2015 FY 2016 FY 2017
FISH AND GAME FUNDS: Official Committee Committee Committee
(Dollars in Millions) Estimate Estimate Estimate Estimate
Fish & Game Licenses $8.500 $8.500 $8.500 $8.500
Fines & Miscellaneous 1.600 2.500 1.800 1.800
TOTAL FISH & GAME FUNDS $10.100 $11.000 $10.300 $10.300