HB 51-FN-A (1993): relative to establishing a tax on business enterprise value tax base, amending the business profits tax and business corporation act, and relative to certain tax credits.
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- Granite Record. “HB 51-FN-A (1993): relative to establishing a tax on business enterprise value tax base, amending the business profits tax and business corporation act, and relative to certain tax credits.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1993/hb51.
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@misc{bill-1993-hb51, title = {HB 51-FN-A (1993): relative to establishing a tax on business enterprise value tax base, amending the business profits tax and business corporation act, and relative to certain tax credits.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1993/hb51}, note = {Accessed 24 Oct. 2026} }
HB 51-FN-A (1993)
relative to establishing a tax on business enterprise value tax base, amending the business profits tax and business corporation act, and relative to certain tax credits.
- Status: Signed into law
- Term: 1993-1994
- House committee: Ways and Means
- Senate committee: Ways and Means
- Subject: Taxes - State
- Chapter law: 350
The Story
It was introduced on March 4, 1993 and referred to the House Ways and Means committee. The committee held a work session on March 11, 1993. The committee held a public hearing on March 12, 1993. The committee held work sessions on March 19, 1993, March 30, 1993 and March 31, 1993. The majority recommended that the House pass it with changes, and the minority recommended that the House send it back to committee, by a vote of 10–9. On April 8, 1993 the House voted to pass it with changes on a voice vote. It crossed to the Senate on April 9, 1993 and was referred to the Senate Ways and Means committee. The committee held a public hearing on April 28, 1993. The majority recommended that the Senate kill it, and the minority recommended that the Senate pass it with changes. On May 19, 1993 the Senate voted to kill it on a roll call 21–3. On May 19, 1993 the Senate adopted “Reconsider” on a voice vote, on a motion by Sen. W King. On May 19, 1993 the Senate adopted “Recommit” on a voice vote. The committee recommended that the Senate pass it with changes. On May 25, 1993 the Senate voted to pass it with changes on a voice vote. On May 25, 1993 the House voted to reject the other chamber's changes on a voice vote. On May 25, 1993 the Senate adopted “Accede to Request for Committee of Conference” on a voice vote. A committee of conference met on June 1, 1993, June 3, 1993, June 9, 1993, June 16, 1993 and June 17, 1993 to try to settle the differences between the two chambers' versions of the bill. On July 1, 1993 the Senate adopted “Conference Committee Report” on a roll call 13–8. On July 1, 1993 the House adopted “Conference Committee Report” on a roll call 201–130. An enrolled bill amendment (3232) was adopted on a voice vote on July 1, 1993. These correct technical errors found after passage. An enrolled bill amendment () was adopted on July 1, 1993. These correct technical errors found after passage. The bill was enrolled on July 1, 1993 — the final check of the text before it goes to the governor. The governor signed it on July 1, 1993, making it Chapter 350 of the session laws. It took effect on July 1, 1993.
Sponsors
- Rep. Gross (Merr 18) (prime sponsor)
Hearings and Sessions
- March 11, 1993, 9:30 AM: subcommittee work session, House Ways and Means, RM304,LOB
- March 12, 1993, 10:00 AM: hearing, House Ways and Means, RM304,LOB
- March 19, 1993, 10:00 AM: subcommittee work session, House Ways and Means, RM304,LOB
- March 30, 1993, 10:00 AM: work session, House Ways and Means, RM304,LOB
- March 31, 1993, 11:00 AM: work session, House Ways and Means, RM304,LOB
- April 28, 1993, 9:00 AM: hearing, RMS210-211,LOB JT HRG: W&M + ECON DEV
- June 1, 1993, 1:30 PM: committee of conference, RM302-304,LOB
- June 3, 1993, 4:30 PM: committee of conference, RMS302-304,LOB
- June 9, 1993, 9:00 AM: committee of conference, RM103,ST HOUSE
- June 16, 1993, 1:30 PM: committee of conference, RM304,LOB
- June 17, 1993, 2:00 PM: committee of conference, RM304,LOB
Votes
- April 8, 1993, House: Ought to Pass with Amendment — voice vote, passed
- May 19, 1993, Senate: Reconsider — voice vote, passed
- May 19, 1993, Senate: Recommit — voice vote, passed
- May 25, 1993, Senate: Ought to Pass with Amendment — voice vote, passed
- May 25, 1993, House: Nonconcur and Request Committee of Conference — voice vote, passed
- May 25, 1993, Senate: Accede to Request for Committee of Conference — voice vote, passed
The Docket
- March 4, 1993: INTRODUCED AND REF TO WAYS & MEANS; HJ36,P851
- March 11, 1993: SUBCOM WORK SESSION MAR11 09:30 RM304,LOB FOR: W&M
- March 12, 1993: HEARING MAR12 10:00 RM304,LOB FOR: W&M
- March 19, 1993: SUBCOM WORK SESSION MAR19 10:00 RM304,LOB FOR: W&M
- March 30, 1993: WORK SESSION MAR30 10:00 RM304,LOB FOR: WAYS & MEANS
- March 31, 1993: WORK SESSION MAR31 11:00 RM304,LOB FOR: WAYS & MEANS
- April 2, 1993: MAJ REPORT OTP/AM FOR APR08 (VOTE 10-9)
- April 2, 1993: MIN REPORT RE-REF
- April 2, 1993: PROP MAJ COMM AM<2143>; HC48,P1139-1145
- April 8, 1993: REP BURLING PROP FL AM<2198>; HC50,P1210
- April 8, 1993: REPS GROSS & TROMBLY MOVED SPEC ORDER TO 1ST ON CAL, MA VV; REP PLOURDE SUBST RE-REF, ML RC(170-211); COMM AM, AA VV; REP BURLING FL AM, AL RC(112-264); REP DEPECOL FL AM<2264>, AL RC(132-245); PASSED WITH AM VV; HJ52,P1255-1269 + 1274
- April 9, 1993: INTRODUCED AND REF TO WAYS & MEANS; SJ13,P241
- April 28, 1993: HEARING APR28 09:00 RMS210-211,LOB JT HRG: W&M + ECON DEV
- May 18, 1993: MAJ COMM REPORT ITL MAY19
- May 18, 1993: MIN COMM REPORT OTP/AM
- May 18, 1993: MIN PROP AM<2869>; SC35,P34-35
- May 19, 1993: MIN AM, AL RC(3-21); 3RD READING ML RC(3-21); ITL REPORT ADOPTED RC(21-3); SJ19,P406-408
- May 19, 1993: SEN W KING MOVED TO RECONSIDER, MA VV; SJ19,P408
- May 19, 1993: RECOMMITTED TO WAYS & MEANS, SEN HOUGH MA VV; SJ19,P408
- May 24, 1993: COMM REPORT OTP/AM MAY25
- May 24, 1993: PROP WAYS & MEANS AM<2944>(NEW TITLE); SC35A,P27-31
- May 25, 1993: 05/19/93 W&M COMM AM, AA VV; PASSED WITH AM VV; SJ19,P444-448
- May 25, 1993: + P450
- May 25, 1993: HOUSE NONC WITH SEN AM REQ CONF COMM, REP COWENHOVEN MA VV; HJ84
- May 25, 1993: <SPKR APPTS REPS: COWENHOVEN, JASPER, D SYTEK & PAGEOTTE> P1938
- May 25, 1993: SEN ACCEDED TO REQ FOR CONF COMM, SEN MCLANE MA VV; SJ20,P480
- May 25, 1993: <PRES APPTS SENS: HOUGH, BLAISDELL & MCLANE>
- June 1, 1993: CONF COMM MEETING JUN01 01:30 RM302-304,LOB
- June 3, 1993: CONF COMM MEETING JUN03 04:30 RMS302-304,LOB
- June 9, 1993: CONF COMM MEETING JUN09 09:00 RM103,ST HOUSE
- June 16, 1993: CONF COMM MEETING JUN16 01:30 RM304,LOB
- June 17, 1993: CONF COMM MEETING JUN17 02:00 RM304,LOB
- June 24, 1993: CONF COMM REPORT (SEN AM + NEW AM<3193>) FILED
- July 1, 1993: CONF COMM REPORT ADOPTED RC(13-8); SJ24,P579-591
- July 1, 1993: CONF COMM REPORT ADOPTED RC(201-130); HJ98,P2123-2125
- July 1, 1993: ENROLLED AM<3232>(NEW TITLE), AA VV; HJ98,P2126-2127
- July 1, 1993: ENROLLED AM, AA; SJ24,P597-598
- July 1, 1993: ENROLLED; HJ98,P2127
- July 1, 1993: ENROLLED; SJ24,P598
- July 1, 1993: SIGNED BY GOVERNOR 07/01/93 EFF: 07/01/93* CHAP.0350
Laws It Would Change
- RSA 21-J:31
- RSA 21-J:33-a
- RSA 76:5
- RSA 77-A:1
- RSA 77-A:2
- RSA 77-A
- RSA 77-A:3
- RSA 77-A:4
- RSA 77-A:5
- RSA 77-A:5-a
- RSA 77-A:7
- RSA 83-C
- RSA 162-L:6
- RSA 162-L:8
- RSA 293-A:1.35
- RSA 293-A:14.05
- RSA 293-A:14.22
- RSA 293-A:15.20
- RSA 304-B:64
- RSA 305-A:1
- RSA 400-A
- RSA 84
- RSA 293-A:1.31
- RSA 293-A:1.37
Related Bills
- HB 593-FN-A (1993): extending the surcharge on the meals and rooms tax.
- HB 62-FN-A (1993): relative to the meals and rooms tax for the period beginning July 1, 1993, through June 30, 1995.
- SB 501-FN-A (1994): relative to the business transition credit with respect to the business enterprise tax.