New Hampshire

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JUA ruling puts $110 million budget hole

The ruling blocked the state from balancing its budget with a medical malpractice fund of $110 million. Belknap County Superior Court Justice Kathleen McGuire said the state had no right to the funds because they belong to the Joint Underwriting Association.

The state will probably appeal, however the $110 million may not be touched. The budget writers assumed the money would balance both the last budget and the current one. The state is not legally obligated to operate with a balanced budget, but they may hold a special session to make up the difference.

In February, Charlie Arlinghaus predicted this outcome.[1]

...more New Hampshire news

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