NH bill would tax non-profit hospitals, colleges
New Hampshire bill would tax non-profit hospitals, colleges, others that charge for services
CONCORD, N.H. (AP) -- A New Hampshire lawmaker wants to expand a business tax to cover non-profit hospitals, colleges and other groups that charge for their services.
Rep. David Hess, a Hooksett Republican, proposes expanding the state's business enterprise tax on wages, interest on debt and dividends to include large non-profits. Hess said Monday his bill exempts churches and other religious institutions, but not religious hospitals or colleges whose primary mission is to provide a service for a fee.
He said the non-profits would have to take in more than $2 million in revenues annually to be liable for the tax.
The bill proposes to reduce the tax rate from 0.75 percent to 0.68 percent. Hess said the tax income would be about the same, but paid by more taxpayers.
