Thread: NH Income Tax
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Old 05-19-2021, 03:37 PM   #20
Descant
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Default $110mm

Quote:
Originally Posted by TheTimeTraveler View Post
Does anyone know how much revenue is generated each year for the State with this Dividend + Interest Tax ?

I'm wondering what the total revenue loss is if the State repeals this tax....
I think the estimate this year is about $110MM.
(House Bill) HB568 has a fiscal note that gives estimates through 2024. The full repeal would occur in 2025. I haven't looked at the exact language that went into HB2, the budget bill.

http://gencourt.state.nh.us/bill_Sta...txtFormat=html

Last edited by Descant; 05-19-2021 at 03:53 PM. Reason: Added detailed info and URL
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