This bill repeals the communications services tax, as outlined in RSA 82-A. The repeal would take effect on July 1, 2023. The Department of Revenue Administration would no longer require records, files, and information related to the communications services tax, as stated in RSA 106-H:9. The fiscal impact of the repeal is indeterminable, as the Department is unable to estimate the amount of revenue from the tax for future years. However, if the revenue collected in FY 2022 remains the same in future years, the General Fund revenue would decrease by $30.9 million each fiscal year. The Department would need to update tax forms and electronic management systems related to the communications services tax, but no additional administrative costs are anticipated.

Statutes affected:
Introduced: 106-H:9