SB149 (2005)
Relative to exemptions from the communications services tax.
Status: SENATE: INEXPEDIENT TO LEGISLATE (Details)
Length: 47 words.
Revisions of this bill in our system:
| House | Senate | |
|---|---|---|
| Public hearing: | (unscheduled) | 2005-02-01 00:00:00 |
| Executive session: | (unscheduled) | (unscheduled) |
| Floor vote: | (unscheduled) | 2005-02-24 00:00:00 |
SB 149-FN-A – AS INTRODUCED
2005 SESSION
09/01
SENATE BILL 149-FN-A
AN ACT relative to exemptions from the communications services tax.
SPONSORS: Sen. Boyce, Dist 4; Sen. Letourneau, Dist 19; Rep. Thomas, Belk 5
COMMITTEE: Energy and Economic Development
This bill replaces the exemption from the communications services tax for the first $12 of the monthly gross charge for a residential customer’s telephone exchange access and exchange service with an exemption for charges for lifeline telephone assistance programs.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0703
09/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT relative to exemptions from the communications services tax.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Communications Services Tax; Exemption. RSA 82-A:5 is repealed and reenacted to read as follows:
82-A:5 Exemption. Charges for lifeline telephone assistance programs shall be exempt from the tax imposed by RSA 82-A:3.
2 Effective Date. This act shall take effect July 1, 2005.
LBAO
05-0703
1/14/05
SB 149-FN-A - FISCAL NOTE
AN ACT relative to exemptions from the communications services tax.
FISCAL IMPACT:
The Department of Revenue Administration has determined this bill will increase state general fund revenue by $5,500,000 in FY 2006 and each year thereafter. There will be no fiscal impact on state, county and local expenditures or county and local revenue.
METHODOLOGY:
The Department states this bill will repeal the current exemption from the intrastate communications services tax under RSA 82-A:3, which is the first $12 of the monthly gross charge for a residential customer’s telephone exchange access and exchange service, and provide for an exemption of charges for lifeline telephone assistance programs.
The Department states there were approximately 550,000 residential phones in service in calendar year 2001, and assumes all 550,000 residential phones would have $12 of previously exempted monthly gross charges. The Department calculates the annual increase in tax revenue resulting from the repeal of the $12 exemption as follows:
$12 per month x 12 months = $144 per residential home
550,000 residential phones x $144 = $79,200,000 increase in the tax base
$79,200,000 x 7% tax rate = $5,544,000 increase in tax revenue
The Department estimates the increase in tax revenue under this bill for FY 2006 will be $5,500,000 to account for the lifeline telephone assistance program exemption included in this bill. The Department did not estimate the increase in tax revenue for future fiscal years due to the use of calendar year 2001 phone data in its calculation.