New Hampshire Statutes
§ 71-C:1 — Definition
New Hampshire § 71-C:1
This text of New Hampshire § 71-C:1 (Definition) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 71-C:1 (2026).
Text
In this chapter, "tax expenditure" means a credit or exemption that is intended by the legislature to allow individuals or businesses to reduce the amount owed for state taxes in return for a change in behavior. A tax expenditure does not include a credit or exemption meant only to avoid double taxation of the same income or assets within the same taxing jurisdiction. A tax rate reduced for the express purpose of achieving a change in behavior may also be identified by the committee in RSA 71-C:3 as a tax expenditure for the purpose of regular review.
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Legislative History
2014, 28:1, eff. May 23, 2014.
Nearby Sections
4
§ 71-C:1
Definition§ 71-C:2
Tax Expenditures SpecifiedCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 71-C:1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/71-C/71-C%3A1.