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NH HB1063
Bill
Status
11/12/2025
Primary Sponsor
Peter Petrigno
Click for details
AI Summary
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Reduces the meals and rooms tax operator commission from 3% to 1.5% for businesses that file timely returns with the Department of Revenue Administration
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Increases state revenue by approximately $5.8 million in FY 2027 and $6.4 million annually thereafter, based on FY 2025 data
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Revenue increases would benefit the General Fund, Education Trust Fund, and Meals & Rooms Municipal Revenue Fund
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Municipalities would see increased revenue beginning in FY 2028, estimated at $1.7-1.8 million annually through the M&R Municipal Revenue Fund
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Effective date of July 1, 2026
Legislative Description
Reducing the amount of meals and rooms taxes operators can retain.
Last Action
Lay HB1063 on Table (Rep. Mazur): Motion Adopted Voice Vote 03/05/2026 House Journal 6
3/5/2026