Business & Economy
State Revenues Continue Upward Trend
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In January, state revenues continue to produce more than budget writers anticipated led by business, hospitality and sweepstakes levies.
InDepthNH.org (https://indepthnh.org/author/garry-rayno-indepthnh-org/page/34/)
In January, state revenues continue to produce more than budget writers anticipated led by business, hospitality and sweepstakes levies.
The House decided by a large margin that cities and towns do not need authority to pass emergency measures to address rent increases or a longer window to warn tenants of coming raises in rent Thursday.
Changes to the Education Freedom Account program split the House Education Committee Wednesday and will be debated on the floor of the House later this month.
A bill that would, once again, create “donor towns” under the Statewide Education Property Tax had a public hearing Tuesday before the House Ways and Means Committee.
Governors traditionally gather the requests from department heads for what they say they will need for resources i.e. money over the next two years and blend it into a strange brew.
A bill to expand the uses for the state’s Education Trust Fund ran into opposition Friday as opponents said it would give the new Education Freedom Account program a blank check without accountability.
Rep. David Luneau, D-Hopkinton, speaks to the House Education Committee Wednesday about his bill to have the Department of Education take over administration of the Education Freedom Account program.
But the recent increase in real estate values has put home ownership out of reach of anyone not earning more than $100,000 annually or more.
The controversial program, which is one of the most expansive voucher programs in the country, has served about 3,000 students in its first two years, and has cost the state $24 million — well over budget — with a projected cost of $30 million a year for the next biennial budget.