News
House Approves Capital Budget and Will Argue Over About 30 Bills with the Senate
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The House Thursday agreed with no debate to a $277.7 million capital budget bill as members decided what to do with House bills the Senate changed.
InDepthNH.org (https://indepthnh.org/author/garry-rayno-indepthnh-org/page/32/)
The House Thursday agreed with no debate to a $277.7 million capital budget bill as members decided what to do with House bills the Senate changed.
The Senate did remove all of the retirement spending and instead wants to appoint a commission to study additional benefits in light of the long-term stability of the system which has a considerable unfunded liability.
Without any serious opposition, the House Thursday agreed to the $15.2 billion budget package approved by the Senate the day before.
Something is better than nothing, the House said Thursday as it approved watered-down language on landfill siting near water bodies.
State revenues continue to return better than expected receipts, with coffers holding about half a billion dollars in revenue surplus going into the final month of the 2023 fiscal year.
The legislative biennial budget procession will hit the third milestone this week when the Senate meets Wednesday to vote on its proposed $15.1 billion two-year operating budget.
The Senate Finance Committee approved its proposed $14.47 billion operating budget Thursday which the Senate will vote on next week.
The Senate Finance Committee gave its approval to an estimated $15 billion two-year budget plan Tuesday that members will vote on June 8.
In an attempt to provide more funding for needy communities, the Senate Finance Committee Tuesday decided to add about $11.5 million to its new education funding program.