Senate Republicans Block Millions in Property Tax Relief
Contact Name: Marina Altschiller
Phone: (603) 271-3207
CONCORD - Senate Republicans voted against an amendment from Senator Lou D’Allesandro (D-Manchester) to deliver $40 million in municipal aid to New Hampshire’s cities and towns, 60% of which would have been directed to local property tax relief.
Senator Lou D’Allesandro (D-Manchester) issued the following statement in response:
“Municipal revenue sharing is a proven, effective way to reduce local property taxes. The $40 million distributed to municipalities over the last biennium helped to offset the suspension of the longstanding $25 million annual revenue-sharing distributions that were suspended following the Great Recession. After more than a year of turbulent economic circumstances, we should be continuing to provide this effective, fiscally sound relief. I am extremely disappointed that Republicans refused to support the only amendment to the budget which would directly reduce local property taxes.”