Repeals the business enterprise tax in New Hampshire.

New Hampshire HB1629 repeals the business enterprise tax, eliminating the tax on business profits. The bill removes provisions related to business enterprise tax credits, reporting, and penalties for underpayment. It also removes references to the business enterprise tax in various sections of the Revised Statutes of New Hampshire, including tax expenditure reports, education tax credits, and corporate dissolution procedures. The repeal takes effect on July 1, 2027.

Repeals the business enterprise tax in New Hampshire.

New Hampshire HB1629 repeals the business enterprise tax, eliminating the tax on business profits. The bill removes provisions related to business enterprise tax credits, reporting, and penalties for underpayment. It also removes references to the business enterprise tax in various sections of the Revised Statutes of New Hampshire, including tax expenditure reports, education tax credits, and corporate dissolution procedures. The repeal takes effect on July 1, 2027.