FOR IMMEDIATE RELEASE:
February 7, 2019
Concord, NH - NHGOP Chairman Stephen Stepanek released the following statement regarding a proposed New Hampshire gas tax increase from New Hampshire Democrats:
“New Hampshire Democrat’s constant appetite for raising taxes and fees has found a familiar target: gasoline. They can’t stop themselves from yet again increasing this regressive tax on Granite State consumers. When Governor Hassan increased the gasoline tax in 2014, we were told it would be a one time increase that would sunset following the completion of I-93; HB 538 makes the 2014 increase permanent in addition to their new proposed increase. A gasoline tax increases costs throughout the state, while hurting economic activity in border communities around our state."
"Gas tax revenues are already exceeding expectations due to record economic growth delivered by Republican leadership; we should not mess with our economic success by further increasing this tax. New Hampshire Democrats likely won’t be satisfied until our gas tax is the highest in New England and the New Hampshire Advantage is a distant memory.”
House Bill 538-FN-A, AN ACT increasing the road toll and providing funding for state road and bridge projects.
In 2014, then-Governor Hassan increased the gas tax 4.2 cents to 22.2 cents per gallon.
This new proposal Increases the gas tax by 6 cents to 28.2 cents per gallon.
This represents a 27% increase that is expected to take an additional $51 million away from the New Hampshire economy.