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NH Senate approves hiking gas, diesel tax 4 cents

Published on NewsOK Modified: March 27, 2014 at 11:39 am •  Published: March 27, 2014

CONCORD, N.H. (AP) — New Hampshire's Senate has voted to hike the tax on gas and diesel 4 cents in a deal to finish the expansion of Interstate 93.

The Senate voted 15-9 Thursday to send the bill increasing the tax to the House. The bill proposes providing more money over the next two years for highway improvements, then taking some of the tax proceeds to pay off $200 million in borrowing toward finishing the I-93 project.

Once the borrowing was paid off, the tax increase would be repealed. The House passed a 10-year highway plan Tuesday that outlines a way to help pay for the I-93 project and proposes borrowing money to replace the Sarah Mildred Long Bridge.

The bill also eliminates the Exit 12 ramp toll booths in Merrimack.