NH House ups gas, diesel tax by 4 cents

April 23, 2014, 12:52 pm
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CONCORD, N.H. (AP) - New Hampshire's House has voted to raise the tax on gasoline and diesel by 4 cents per gallon - the first increase since 1991.
    
Wednesday's 193-141 vote sent the bill to Gov. Maggie Hassan, who has said she will sign it.
    
Supporters said the increase will provide much-needed money to fix deteriorating roads and help finish the expansion of Interstate 93. Opponents said the hike will hurt consumers at the pump.
    
The bill increases funding for highway improvements for two years, then earmarks about half the proceeds to pay off $200 million in borrowing to finish the Interstate 93 expansion.
    
Once the debt is paid off in roughly 20 years, the tax increase would expire. The bill also would eliminate the Exit 12 ramp toll booths in Merrimack.

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