HB 1525 (2024): relative to credits for the business profits tax and business enterprise tax.
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@misc{bill-2024-hb1525, title = {HB 1525 (2024): relative to credits for the business profits tax and business enterprise tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2024/hb1525}, note = {Accessed 24 Oct. 2026} }
HB 1525 (2024)
relative to credits for the business profits tax and business enterprise tax.
- Status: Signed into law
- Term: 2023-2024
- House committee: Ways and Means
- Senate committee: Ways and Means
- Subject: Taxes - State
- Chapter law: 245
The Story
It was introduced on January 3, 2024 and referred to the House Ways and Means committee. The committee held a public hearing on January 30, 2024. The committee held a work session on February 13, 2024. The committee met in executive session on February 14, 2024 to vote on its recommendation. The committee voted unanimously, 20–0, to recommend that the House pass it with changes (amendment 2024-0711h), and the report was placed on the consent calendar. The committee's amendment (2024-0711h) was adopted on a voice vote on March 7, 2024, changing the text of the bill. On March 7, 2024 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 7, 2024 and was referred to the Senate Ways and Means committee. The committee held a public hearing on March 27, 2024. The committee held a public hearing on May 15, 2024 on a proposed non-germane amendment (2024-1839s). The committee voted unanimously, 5–0, to recommend that the Senate pass it with changes (amendment 2024-1982s), and the report was placed on the consent calendar. The committee's amendment (2024-1982s) was adopted on a voice vote on May 22, 2024, changing the text of the bill. On May 22, 2024 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On May 30, 2024 the House adopted “House Concurs with Senate Amendment 2024-1982s” on a voice vote, on a motion by Rep. John Janigian. The bill was enrolled on June 13, 2024 — the final check of the text before it goes to the governor. The governor signed it on July 19, 2024, making it Chapter 245 of the session laws.
Sponsors
- Rep. Fred Doucette (R - Rock 25) (prime sponsor)
- Sen. Daryl Abbas (R - SD22)
Hearings and Sessions
- January 30, 2024, 11:30 AM: public hearing, House Ways and Means, LOB 202-204
- February 13, 2024, 10:00 AM: full committee work session, House Ways and Means, LOB 202-204
- February 14, 2024, 10:00 AM: executive session, House Ways and Means, LOB 202-204
- March 27, 2024, 9:45 AM: hearing, Senate Ways and Means, SH 100
- May 15, 2024, 9:30 AM: hearing, Senate Ways and Means, SH 100
Votes
- March 7, 2024, House: Ought to Pass with Amendment 2024-0711h — voice vote, passed
- May 22, 2024, Senate: Ought to Pass with Amendment 2024-1982s — voice vote, passed
- May 30, 2024, House: House Concurs with Senate Amendment 2024-1982s — voice vote, passed
The Docket
- January 3, 2024: Introduced 01/03/2024 and referred to Ways and Means
- January 30, 2024: Public Hearing: 01/30/2024 11:30 am LOB 202-204
- February 13, 2024: Full Committee Work Session: 02/13/2024 10:00 am LOB 202-204
- February 14, 2024: Executive Session: 02/14/2024 10:00 am LOB 202-204
- February 14, 2024: Committee Report: Ought to Pass with Amendment #2024-0711h 02/14/2024 (Vote 20-0; CC)
- March 7, 2024: Amendment #2024-0711h : AA VV 03/07/2024
- March 7, 2024: Ought to Pass with Amendment 2024-0711h: MA VV 03/07/2024
- March 7, 2024: Introduced 03/07/2024 and Referred to Ways and Means
- March 27, 2024: Hearing: 03/27/2024, Room 100, SH, 09:45 am
- May 15, 2024: Hearing: 05/15/2024, Room 100, SH, 09:30 am, on proposed non-germane amendment #2024-1839s
- May 22, 2024: Committee Report: Ought to Pass with Amendment #2024-1982s , 05/22/2024; Vote 5-0; CC
- May 22, 2024: Committee Amendment #2024-1982s , AA, VV; 05/22/2024
- May 22, 2024: Ought to Pass with Amendment 2024-1982s, MA, VV; OT3rdg; 05/22/2024
- May 30, 2024: House Concurs with Senate Amendment 2024-1982s (Rep. Janigian): MA VV 05/30/2024
- June 13, 2024: Enrolled Adopted, VV, (In recess 06/13/2024)
- June 13, 2024: Enrolled (in recess of) 06/13/2024
- July 19, 2024: Signed by Governor Sununu 07/19/2024; Chapter 245; eff. 07/01/2024