RAYMOND — Back in November 2010, the voters of New Hampshire mandated, by electing a super majority of conservative Republicans, the House of Representatives to: (1) promote economic development and create jobs; (2) cut state spending; (3) reduce taxes and fees; (4) return fiscal sanity to the state; (5) fix a state retirement system that was structurally deficient; (6) provide our children with an education based on excellence; (7) protect the personal rights and freedoms of its citizens; and (8) maintain transparency in state government.
To answer this mandate, the 2011-2012 Session passed many bills that became law. I am so proud to have been a part of this great team. We really accomplished a lot of good legislation. I will be giving you a compilation of our kept promises over the next few weeks.
Setting an example for our citizens by "living within our means":
HB-1 and HB-2 - a budget 11% smaller than the prior budget, reducing spending by over $1.2B and General Fund spending by $536M, or 18%, that included no new or increased taxes or fees. We reversed the past two terms budgets accounting gimmicks by passing a budget that does not bond any operating costs, or sell assets from one state agency to another to claim fictitious revenue, while using responsible revenue estimates.
HB-601 - The state returned $1M in ObamaCare funds back to the federal government with instructions to use the money for debt reduction.
HB-337 - Creates an education funding formula that maintains existing levels of aid to communities and allows additional targeted aid to needy cities and towns.
SB-146 - Requires for future state budgets, that state agencies submit budgets that actually reduce spending in addition to any request to expand state government.
Reducing and Reforming Taxes:
HB-1 and HB-2 - Eliminates the auto registration surcharge which was costing our residents and small businesses between $30.00 and $75.00 every year for each vehicle they registered, putting $90M back in our citizens' pockets.