The New Hampshire Senate
Republican Majority Office
Dedicates revenues for one-time expenses
Concord, NH– Senate Majority Leader Jeb Bradley (R-Wolfeboro) today added his support to a Tax Amnesty Program Bill proposed by Sen. Andy Sanborn (R-Bedford). The program would let taxpayers pay back taxes owed to the State of New Hampshire without interest or penalties during a short window. Sanborn’s bill would use the one-time revenue generated by the program to set up a New Hampshires first taxpayer E-File system, and to provide a one-time boost to state aid to local road construction projects. Bradley says that Sanborn’s bill would give taxpayers struggling through the recent recession a chance to fulfill their obligations.
“New Hampshire has allowed a brief Tax Amnesty window twice before, and both have been successful,” Sanborn said. “But it’s important that we use this one-time revenue for one-time expenses, and not as a cash grab to make up for overspending in the current budget.”
“Senator Sanborn’s bill is the fiscally responsible way to implement a Tax Amnesty Program,” Bradley continued. “The fiscally responsible way to address our current deficit is to make sure state spending stays within the budget overwhelmingly approved by the Legislature and signed by the Governor.”