HB 414-FN-A (1989): relative to the sale or exchange of beneficial interests in business organizations for business profits tax purposes.

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BibTeX: @misc{bill-1989-hb414, title = {HB 414-FN-A (1989): relative to the sale or exchange of beneficial interests in business organizations for business profits tax purposes.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1989/hb414}, note = {Accessed 24 Oct. 2026} }

HB 414-FN-A (1989)

relative to the sale or exchange of beneficial interests in business organizations for business profits tax purposes.

Status: Signed into law
Term: 1989-1990
House committee: Ways and Means
Senate committee: Ways and Means
Subject: Taxes - State
Chapter law: 168

The Story

It was introduced on January 31, 1989 and referred to the House Ways and Means committee. The committee held a public hearing on February 16, 1989. The majority of the committee recommended that the House pass it with changes unanimously, 17–0. On April 6, 1989 the House voted to pass it with changes on a voice vote. It crossed to the Senate on April 11, 1989 and was referred to the Senate Ways and Means committee. The committee held a public hearing on April 27, 1989. The committee recommended that the Senate pass it. On May 2, 1989 the Senate voted to pass it. The bill was enrolled on May 9, 1989 — the final check of the text before it goes to the governor. The governor signed it on May 17, 1989, making it Chapter 168 of the session laws. It took effect on May 17, 1989.

Hearings and Sessions

February 16, 1989, 11:00 AM: hearing, House Ways and Means, RM204,LOB
March 31, 1989, 1:00 PM: hearing, House Ways and Means, RM204,LOB
April 27, 1989, 9:00 AM: hearing, Senate Ways and Means, RM 102

Votes

April 6, 1989, House: Ought to Pass with Amendment — voice vote, passed

The Docket

January 31, 1989: INTRODUCED AND REF TO WAYS & MEANS
February 16, 1989: HEARING 02/16/89 11:00 RM204,LOB FOR: WAYS & MEANS
March 29, 1989: CONT HEARING 03/31/89 1:00 RM204,LOB FOR:WAYS & MEANS
April 4, 1989: MAJ REPORT OTP/AM FOR: 4/6 VOTE ( 17-0 )
April 6, 1989: COMM AM, AA VV; PASSED W/AM VV; HJ63, P1895-96 + 1897
April 11, 1989: INTRODUCED AND REF TO WAYS & MEANS
April 27, 1989: HEARING 4/27/89 9:00 RM 102 FOR: WAYS & MEANS
April 28, 1989: COMMITTEE REPORT OTP
May 2, 1989: PASSED/ADOPTED
May 9, 1989: ENROLLED BILLS SJ: 22 PAGE 363
May 9, 1989: ENROLLED:
May 17, 1989: SIGNED BY GOVERNOR 5/17/89 EFF: 5/17/89 CHAP: 168

Laws It Would Change

RSA 77-A:4