Category: Economy, Budget and Taxes

SB 77 (2017)

House/Senate Bill: Senate

Description: Removes the New Hampshire limitation of $100,000 for the Internal Revenue Code Section 179 deduction under the business profits tax. The removal of this limitation will allow taxpayers to use the current Internal Revenue Code Section 179 deduction of $500,000.

Bill Sponsor: Andy Sanborn

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Wed, 02/22/2017

Next Voting Date: Thu, 03/09/2017

Bill Status

Tabled in the Senate

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