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New Hampshire House ups gas, diesel tax by 4 cents - WCAX.COM Local Vermont News, Weather and Sports-

New Hampshire House ups gas, diesel tax by 4 cents

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By NORMA LOVE
Associated Press

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.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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