CONCORD – The Senate voted 23-0 on 2/17/10 to repeal a requirement that any business that collects the meals and rooms tax post a surety bond to ensure that taxes would be paid.

Further investigation into this surety bond requirement revealed that  the department had other measures in place already  to ensure compliance and the bond was not needed.

Tags: surety bond, tax bond

This entry was posted on Friday, February 19th, 2010 at 8:23 am and is filed under surety bond. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.