{"data":{"id":"us-nh/rsa-71-c-1","jurisdiction":"us-nh","citation":"RSA 71-C:1","heading":"Definition.","body":"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.","path":["Title V: TAXATION","Chapter 71-C: TAX EXPENDITURE AND POTENTIAL LIABILITY REPORTS"],"source_url":"https://gc.nh.gov/rsa/html/V/71-C/71-C-1.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T12:38:38Z","sha256":"f99ac20e6c3890ba1e974b132bcd742047b702da1b436c5c851a48b6e117fdab","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-71-b-22","next":"us-nh/rsa-71-c-2"},"notice":"GroundRules: Original legal text. Not legal advice."}