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Mon May 5, 2014
After Losing Hospital Tax Fight, Senate Looks For Budget Fix
The Senate's tax committee is meeting to discuss a recent court ruling that found New Hampshire's tax on hospitals unconstitutional. Senate President Chuck Morse told the Ways and Means Committee last week he hopes negotiations among legislative leaders, the governor and the hospitals produce a short-term fix to avoid a major impact on the budget. The committee is hoping to have a proposal to attach to a House bill when the panel meets Tuesday. The Superior Court ruling applies to the 2014 tax year and future tax years. If upheld, the hospitals could ask the state to refund $100 million or more in tax payments for 2014. It also means lawmakers would have to plug a similar hole in next year's budget.