This budget doubles funding for our Research & Development tax credit to help businesses invest in new technologies that can lead to growth & job creation. The Senate has already taken action on this important measure, unanimously passing a bill that will double the R&D tax credit and make it permanent, creating more predictability for businesses. I encourage my friends in the House to do the same and make this measure one of the first bills I sign into law as Governor. This budget also funds business incubators, like the Innovation Research Center and the Green Launching Pad at UNH.
The American Society of Civil Engineers gives our roads a C minus, and the I-93 expansion project remains unfinished. Hundreds of our bridges are on the "red list" of bridges in critical need of repair--risking public safety and our economy.
Maintaining and repairing our state's roads and bridges and funding transportation projects are crucial for our economy. Creating a solid, modern infrastructure will attract new businesses and industries, while helping our existing businesses grow, transport their goods, and create new jobs. But as it stands, we barely have enough to do the very minimum.
I stand ready to bring constructive, long-term ideas to the table so we can build a consensus solution that will help us begin to improve our roads and bridges and finish I-93.
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