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The Senate State Budget Proposal for Fiscal Years 2026 and 2027

The New Hampshire State Senate’s version of the State Budget, crafted during the month of May and approved by the Senate on June 5, 2025, would appropriate approximately $15.9 billion. The Senate would make several key changes relative to the New Hampshire House’s $15.5 billion State Budget proposal that was passed by the House of Representatives on April 10, 2025.
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Committee of Conference Budget Nearly Matches Senate Version on Spending, Trims Retirement and University System Appropriations

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May Revenues Show Business Tax Growth Over Prior Year, But Still Short of Target

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Workforce for Early Childhood Care and Education Declined 8 Percent in 2024, Child Care Tuition Rates Remain High

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NHFPI Now Has a Podcast

🎙️ New Hampshire Uncharted Episode 3: Why Are NH Health Care Costs So High – And What Can We Do About It?

In the latest episode of New Hampshire Uncharted, host Gene Martin sits down with two of New Hampshire’s leading experts on health care policy to unpack a question that concerns every household, business, and budget in the Granite State: Why is health care so expensive here – and what can we do about it?
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Watch Our Latest Video

How Business Taxes Impact NH’s Budget—and You

Business taxes comprise more than a third of New Hampshire’s state tax revenue, making New Hampshire more reliant on corporate tax revenue than any other state. When business profits drop or tax reductions are passed, the impacts may be felt by Granite Staters through reduced public services or higher property taxes. Our new new explainer video breaks down the role New Hampshire’s business taxes have in the State Budget, why they matter for funding things like schools and roads, and which types of businesses are likely to be paying the most.
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The New Hampshire Fiscal Policy Institute is a nonpartisan, independent research nonprofit that examines issues related to the State budget, the economy, policy decisions, and the financial security of Granite Staters, centering on issues relevant to low- and moderate-income people and families.

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