Family Leave Bill is Tax on Income (HB 628)
Recently HB 628 passed the NH House. It claims to be a Family Leave bill, but it is a tax on income. It requires employers to withhold .5% of employees’ wages. Naturally, it excludes government employees. It has an opt-out provision, for the moment, BUT…...Car Registration Fee Increase (HB 121)
HB 121 is a bill that would increase the maximum optional transportation improvements fee that may be charged by municipalities when collecting motor vehicle registration fees. The proposed increase (100%) is nearly double the compounded rate of inflation since the...International Building Codes (HB 92)
HB 92 seeks to update building codes to international standards for 2015. This bill increases the costs for building a new home in New Hampshire in order to comply with the changes. It adds hundreds of pages of new regulations. Tell the Executive Departments and...Interest and Dividends Tax Reduction (HB 529)
The New Hampshire state tax on interest and dividends is basically NH’s “income tax”. Many elderly people rely on this to fund their retirement, especially if they cannot collect social security. HB 529 will reduce this tax, although how much is not...Revenue Shortfall Discovered in Londonderry
Revenue shortfall discovered in Londonderry Town council, school board consider using ‘rainy day’ funds to make up the difference LONDONDERRY — A revenue shortfall due to an electronic processing glitch when calculating the tax rate has joined both town...VISITORS