Budget writers put final touches on proposal, vote next week
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New Hampshire budget writers resolved some of their biggest differences Wednesday, dropping a paid family and medical leave program that would have triggered a veto but including business tax rates the governor opposes.
A committee of House and Senate lawmakers has until the end of the day Thursday to sign off on a proposal that will be voted on by the full Legislature next week. Members agreed Wednesday on a $138 million increase in education funding, which was less than the House originally proposed and more than what the Senate included in its budget. House negotiators gave up a capital gains tax extension they wanted, and agreed to the Senate’s plan to send $40 million in unrestricted money back to cities and towns instead of the $12.5 million they had included in their budget.