9The Economic Development Committee addresses issues relating to the New Hampshire economy and state economic development policy. The Fiscal Policy Committee examines issues around state government spending and taxation. The committees meet concurrently on the second Friday of each month at the BIA office in Concord. Meetings begin at 8:00 AM and are open to BIA members.
Meeting Schedule 2019 January 11th February 8th March 8th April 12th May 10th September 13th October 11th November 8th December 13th
Chair (Economic Development): Joe Murray, Fidelity Investments
Chair (Fiscal Policy): Steve Lawlor, Nathan Wechsler
BIA staff contact: David Juvet, Senior Vice President, 224.5388 x115
Meeting Agenda PLEASE NOTE NEW TIME AND LOCATION FOR THIS MEETING!
Friday, May 1oth, 2019 10:30 A.M. to 11:30 A.M. McLane/Middleton Law Firm McLane/Graf Meeting Room 900 Elm Street, Manchester, NH - 10th Floor
Fiscal Policy Co-Chair: Steve Lawlor - Nathan Wechsler Economic Development Co-Chair: Joe Murray – Fidelity Investments
AGENDA 1. Introductions
2. Taxing Capital Gains in New Hampshire? It started out as stand-alone legislation, HB 686. The idea was to send $150 million in new state education aid to cities and town with money raised through a new capital gains tax. Although the bill is languishing, the language to carry this out is now a part of the House-passed version of the budget, and very much alive.
What are the implications of a capital gains tax? How does it impact investment and development? Kevin Kennedy, a CPA from Maloney & Kennedy, and developer Dick Anagnost will be our guest presenters. Together they will discuss the details of the capital gains tax proposal and discuss the impact passing such a tax could have on the New Hampshire economy.
3. 2019 Legislative Session Review We will be providing a quick but detailed review of the economic development and tax legislation still in play this legislative session.
Copyright Business and Industry Association. 122 North Main Street | Concord, NH 03301 P: 603.224.5388 | F: 603.224.2872 | mail@BIAofNH.com