The GOP-controlled New Hampshire House passed its state budget, including HB 2, despite criticism from both House Democrats and Gov. Chris Sununu. NH Journal reports House Majority Leader Jason Osborne emphasized the package delivered a tax cut for every person in New Hampshire.
The GOP-controlled New Hampshire House of Representatives passed the state budget Wednesday despite sharp and continuing criticism from both House Democrats and the Republican governor. House Republicans ignored his threats and passed what they called a “treasure trove” of tax cuts, policy priorities, and state of emergency power reforms with the budget’s trailer bill, House Bill 2.
NH Journal
Speaker Sherman Packard told NH Journal the budget would improve daily life for residents.
I really believe this budget will make life better for the people of New Hampshire. It reduces taxes. It provides property tax relief. When people go out to eat, they’ll pay a little less,”
NH Journal
Osborne focused on taxes in his comments to members before the vote.
This contains a tax cut for every person in New Hampshire. This is what our constituents sent us here to do.
House Majority Leader Jason Osborne
NH Journal details the tax changes in the House budget.
Notably, the House budget cuts five state taxes, including eliminating the Interest & Dividends tax over the next five years. It also reduces taxes on employers, reduces the meals and rentals tax, and reduces the state-wide property tax by $100 million.
NH Journal
Americans for Prosperity NH welcomed the plan, according to NH Journal.
This budget strengthens our New Hampshire Advantage and right-sizes our state’s finances after the last budget’s spending spree,” Greg Moore, state director at fiscal-conservative Americans for Prosperity NH said in a release. “Allowing small businesses and retirees to keep more of what they’ve earned will position our state to experience the economic boon we had between 2016 and 2019.
NH Journal
The House advanced its budget over objections from several directions, with Republicans pressing ahead despite the governor’s warnings.
Osborne emphasized the breadth of the tax relief, telling members the package contained a cut for every person in the state, NH Journal reports. The plan cut five taxes, including a five-year phase-out of the Interest & Dividends tax, and reduced the meals tax and the statewide property tax.
Fiscal-conservative groups praised the package as a step toward more relief and said they looked forward to working with the Senate.
The plan moved ahead even as the governor and Democrats voiced their objections.
Osborne told members the package contained a tax cut for every person in the state.
The budget cut five taxes, including a five-year phase-out of the Interest & Dividends tax.
It also reduced the meals and rentals tax and the statewide property tax.
Fiscal-conservative groups praised the package as a step toward more relief.
Packard said the budget would make life better for residents.
The plan then advanced in the process, NH Journal reports.
Osborne told members the budget delivered a cut for every person in the state.
The package eliminated the Interest & Dividends tax over five years.
It also reduced the meals tax and the statewide property tax.
Fiscal-conservative groups praised the plan as a step toward more relief.
Read the full story at NH Journal.
