Cindy Rosenwald

Balsams' Bill Gets Big Boost By House Committee

Apr 30, 2015
Chris Jensen for NHPR

A bill that opens the door to a state-backed loan to the developer of the Balsams Resort got a big boost Thursday when the House of Representatives Finance Committee unanimously voted it ought to pass. That allows it to go before the full House.

“I hope the House will see it as the great economic development tool that the Finance Committee did,” said Rep. Cindy Rosenwald, a Democrat from Nashua, who is on the committee.

The bill allows the formation of a tax district in the unincorporated area around the closed Balsams Resort.