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HB 210 (2021)

Increase exemption under I&D tax, lower R&D tax credit

Summary:

Increases the filing threshold for the interest and dividends tax from $2,400 to $3,500 and increases the exemption for blind, disabled, and over 65 taxpayers from $1,200 to $1,750. This bill then decreases the research and development credit against business taxes from $7,000,000 to $2,000,000.

Bill Sponsor:

Want hearing dates, vote records or the full bill text? See more on the Statehouse website http://gencourt.state.nh.us/bill_status/bill_status.aspx?lsr=0382&sy=2021&txtse…

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