2006 New Hampshire Statutes - Section 198:46 Excess Statewide Enhanced Education Tax Payment.

    I. Any excess statewide enhanced education tax shall be remitted to the department of revenue administration on or before March 15 of the tax year in which the excess occurs.
    II. The commissioner of the department of revenue administration shall collect from the municipality the excess tax and pay the excess tax over to the state treasurer for deposit in the education trust fund established by RSA 198:39.
    III. The amount of such excess to be remitted shall not include any income derived from the investment of funds by the municipal treasurers under RSA 41:29 and RSA 48:16. Any funds remaining after full payment of the excess tax required in paragraph I shall become available for unrestricted use by the municipality.

Source. 1999, 17:41, eff. April 29, 1999; 162:2, eff. June 30, 1999; 1999, 338:11, eff. Nov. 3, 1999. 2000, 239:8, eff. Aug. 5, 2000. 2001, 71:8, eff. July 1, 2001. 2005, 257:10, eff. July 1, 2005 at 12:02 a.m. 2006, 6:3, eff. Feb. 10, 2006.