New Hampshire Statutes

§ 78:24 — Distribution of Funds

New Hampshire·Title V TAXATION·Ch. 78 TOBACCO TAX·Subdivision Distribution of Funds
I.Tax revenue on all tobacco products sold at retail in this state imposed by RSA 78:2 shall be divided with 39 percent of that total revenue deposited in the education trust fund established by RSA 198:39 and the remaining revenue deposited in the general fund.
II.The commissioner shall certify such amount to the state treasurer for deposit in the education trust fund established by RSA 198:39. Such estimates shall be certified on June 1, September 1, December 1, and March 1 of each year.

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Legislative History

2019, 178:1, eff. Jan. 1, 2020. 2025, 141:134, eff. July 1, 2025.

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