HB 1551 (2024)
Treat C corporations, S corporations differently for BPT
Summary:
Directs the state to distinguish between C corporations and S corporations for purposes of calculating the Business Profits Tax (BPT). This bill then directs the state to exclude flow through items on the Schedule K for S corporations from corporate income for purposes of calculating the tax.
Bill Became Law?:
No
Status:
Status Detail:
Killed in the House
Public Hearing Date:
01/17/2024 12:00 pm
Public Hearing Location:
LOB Room 202-204
House Voting Date:
02/15/2024
Want hearing dates, vote records or the full bill text? See more on the Statehouse website
https://gencourt.state.nh.us/bill_status/billinfo.aspx?id=1618&inflect=2
Browse related articles and bills:
