HB 187-FN-A (2011): relative to the carry forward periods for the business enterprise tax credit against the business profits tax.

HB 187-FN-A (2011)

relative to the carry forward periods for the business enterprise tax credit against the business profits tax.

• Status: Became law unsigned
• Term: 2011-2012
• House committee: Ways and Means
• Senate committee: Ways and Means
• Subject: Taxes - State
• Chapter law: 225

The Story

It was introduced on January 6, 2011 and referred to the House Ways and Means committee. The committee held a public hearing on February 3, 2011. The committee met in executive session on February 16, 2011 to vote on its recommendation. The majority recommended that the House pass it, and the minority recommended that the House kill it, by a vote of 14–4. The report was placed on the regular calendar. On February 23, 2011 the House voted to pass it on a roll call 231–60. It crossed to the Senate on March 9, 2011 and was referred to the Senate Ways and Means committee. The committee held a public hearing on April 5, 2011. The committee recommended that the Senate pass it. On April 27, 2011 the Senate voted to pass it on a voice vote, then referred it on to the Senate Finance committee. The committee recommended that the Senate pass it. On May 18, 2011 the Senate adopted the motion that it ought to pass on a voice vote, but its third reading was left pending. On May 18, 2011 the Senate voted to lay it on the table on a voice vote, on a motion by Sen. Morse. On June 1, 2011 the Senate adopted “Remove From Table” on a voice vote, on a motion by Sen. White. On June 1, 2011 the Senate adopted “Reconsideration” on a voice vote, on a motion by Sen. Sanborn. A floor amendment (2011-2267s), offered by Sen. Sanborn, was adopted on a roll call 24–0 on June 1, 2011, changing the text of the bill. On June 1, 2011 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On June 8, 2011 the House adopted “House Concurs with Senate AM 2267s (Rep Stepanek)” on a roll call 265–94. The bill was enrolled on June 8, 2011 — the final check of the text before it goes to the governor. It became law without the governor's signature on June 29, 2011, as Chapter 225. The governor neither signed it nor returned it, and the docket records it as enacted under Part II, Article 44 of the state constitution.

Sponsors

• Rep. Frank Sapareto (R - Rock 5) (prime sponsor)
• Rep. Kenneth Weyler (R - Rock 8)
• Rep. Norman Major (R - Rock 8)
• Rep. John Graham (R - Hills 18)
• Rep. Larry Emerton (R - Hills 7)

Hearings and Sessions

• February 3, 2011, 1:45 PM: public hearing, House Ways and Means, LOB 202
• February 16, 2011: executive session, House Ways and Means, LOB 202 Following House Session
• April 5, 2011, 2:30 PM: hearing, Senate Ways and Means, SH 100

Votes

• February 23, 2011, House: Ought to Pass — yeas 231, nays 60, passed
• April 27, 2011, Senate: Ought to Pass — voice vote, passed
• May 18, 2011, Senate: Ought to Pass — voice vote, passed
• May 18, 2011, Senate: Laid on Table — voice vote, passed
• June 1, 2011, Senate: Remove From Table — voice vote, passed
• June 1, 2011, Senate: Reconsideration — voice vote, passed
• June 1, 2011, Senate: Sen. Sanborn Floor Amendment 2267s — yeas 24, nays 0, passed
• June 1, 2011, Senate: Ought to Pass with Amendment 2267s — voice vote, passed
• June 8, 2011, House: HOUSE CONCURS WITH SENATE AM 2267S (REP STEPANEK) — yeas 265, nays 94, passed

The Docket

Laws It Would Change

• RSA 77-A:5

Related Bills

• HB 1514-FN-A (2006): relative to the business enterprise tax credit allowed against the business profits tax.

From the General Court

• Bill status page
• Docket
• HC 15
• SC 18
• SC 21
• SC 24