Citizens for a Strong NH Statement on NH Senate Rejection of Repeal of Education Tax Credit
Citizens for a Strong New Hampshire released the following statement on the Senate’s rejection of House Bill 370. HB 370 would have repealed the education tax credit program, which allows for businesses to claim a tax credit against the Business Enterprise Tax (BET) or Business Profits Tax (BPT) for 85% of any contribution made to a scholarship organization established pursuant to RSA 77-G. The vote was 13-11 to table the bill.
Derek Dufresne, Spokesman for Citizens for a Strong New Hampshire, released the following statement:
“Citizens for a Strong New Hampshire applauds those state senators who stood up for the Education Tax Credit this morning.
“This program plays an integral part in empowering parents and giving low income families a choice in deciding their children’s education. With the Senate's decision to table the legislation, the program will remain in place and allow Granite State families the opportunity to decide their children's future.”