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Federal Shutdown Threatens Food Assistance Benefits

January 24, 2019 Common Cents
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The continuing partial federal government shutdown has jeopardized the continuation of food assistance through the New Hampshire Food Stamp Program to more than 78,000 individuals, including 30,000 children. The shutdown has prompted a shift in the timing of benefits for February in a way that might make it difficult for some families to pay for food throughout the month, and may leave those in need without food assistance beyond February if the shutdown continues.

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Federal Tax Law Effects Still Uncertain as NH Business Tax Rates Drop

January 4, 2019 Common Cents
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New Hampshire’s two primary business tax rates dropped for most businesses starting at the beginning of this calendar year, and state business tax revenues generated by the effects of the federal tax overhaul may be limited going forward, putting the state’s largest tax revenue stream at risk.

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Unsettled Business Tax Revenues Push Surplus Upward, Offer Limited Insight for the Future

December 7, 2018 Common Cents
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The fortunes of State revenues continue to rise and fall with New Hampshire’s two primary business taxes, which provided positive signs for near-term revenue but have not shown these levels are sustainable. While the two business taxes remained healthy, other revenue sources were relatively flat overall, leaving the State with a revenue surplus entirely dependent on the two business taxes. The lack of growth in other revenue sources combined with the uncertainty around business taxes creates an environment in which it will be very difficult to accurately project revenues for the new State Budget biennium.

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Increases to SNAP Benefits Would Offset Higher Food Costs and Boost the Economy

30 Jul 2020

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The Supplemental Nutrition Assistance Program provides critical nutritional aid to individuals and families with low incomes, including those who have faced income losses. As Granite Staters continue to navigate the COVID-19 crisis, aiding those who are most affected and who have the fewest resources will help ensure they weather the crisis while supporting the economic recovery as well. Federal policy actions so far have provided temporary emergency SNAP allotments to recipients, along with extended nutritional benefits to certain children due to school closures, temporarily easing certain redetermination criteria, among other changes. Despite these actions, additional benefits may be needed as more impacts of the COVID-19 crisis become known, and as other supports expire or are discontinued. Additional SNAP benefits would help support Granite Staters who are experiencing food insecurity while providing a boost to the economy.

NHFPI Seventh Annual Conference

NHFPI Annual Conference