After considering a series of amendments to House Bill 2, the Senate accepted the Senate Finance Committee’s proposal for the State Budget without changes on Thursday, June 6. The House is expected to vote on Thursday, June 13 on whether to form a Committee of Conference or accept the Senate’s changes. A Committee of Conference ...
FOR IMMEDIATE RELEASE June 3, 2019 New Hampshire Fiscal Policy Institute Announces New Board Members Concord, NH – The New Hampshire Fiscal Policy Institute announces three new members elected to the organization’s Board of Directors: George Bald, former commissioner for the New Hampshire Department of Resources and Economic Development, serving for two terms from 1998 ...
The Senate Finance Committee completed work on its version of the State Budget Friday, May 31, proposing to send unrestricted aid to local governments in a one-time fashion and restore the original stabilization grant amounts to communities for public education. The Senate Finance Committee modified the House Budget proposal to increase Medicaid reimbursement rates, while ...
First Published in the Business NH Magazine, June 1, 2019
Understanding recent revenue trends is key to accurately projecting the amount of revenue expected over the next two State fiscal years and maintaining a balanced State Budget. Revenue projections are especially difficult to make accurately this year, given recent abnormal behavior in receipts from the State’s two primary business taxes, which have driven most revenue ...
New Hampshire’s expanded Medicaid program provides health coverage to approximately 50,000 Granite Staters with low incomes. The program is a partnership between the state and federal government that brings hundreds of millions of dollars in federal revenue into the state economy annually, and is key for access to health services for people with substance use ...