CONCORD, N.H. (AP) — The Senate Finance Committee on Wednesday added language to the state budget to ensure that federal Payroll Protection Program loans during the coronavirus pandemic aren’t subject to the state’s business profits tax.
The full Senate already passed legislation aimed at protecting businesses who got the loans, but the finance committee took the added step of inserting it into their proposed budget, as well.
Democrats on the committee unsuccessfully sought to remove another virus-related provision in the House-passed budget. That provision, which also is contained in a separate bill, would refund money to businesses that were fined for violating the governor’s orders on mask use and other restrictions.
More than 98,000 people have tested positive for the virus in New Hampshire, including 67 cases announced Wednesday. Two additional deaths were announced, bringing the total to 1,346.
The seven-day rolling average of daily new cases in New Hampshire has decreased increase over the past two weeks, going from 174 new cases per day on May 10 to 75 new cases per day on Monday.