Latest Links: Lynch Veto Kills Biz Tax Credit, Cilley Wins Union Endorsement, Injured Vets Struggle To Find Jobs
New Hampshire’s Business And Economics News In Brief
Lynch vetoes voucher tax credit – “Democratic Gov. John Lynch has vetoed a business tax credit passed by the Republican Legislature that would provide students with scholarships to attend private schools, receive home-schooling or switch to a public school outside their district.” Concord Monitor
Lynch signs bill to stop sweepstakes businesses – “Gov. John Lynch on Monday signed a bill into law that aims to end sweepstakes gaming establishments that have appeared on the Seacoast and elsewhere in the state. The announcement means 3D Business Center, a business that has about 40 game terminals in Seabrook and about the same number in Portsmouth, could be shuttered immediately if local law enforcement agencies decide they are in violation.” SeacoastOnline.com
Cilley gets state employee union endorsement – ”Democratic gubernatorial candidate Jackie Cilley has picked up the endorsement of the largest public employees union in the state. The State Employees Association announced its support of Cilley at a news conference Monday at the union’s Concord headquarters.” New Hampshire Union-Leader
From Combat To The Workplace: Injured Vets Looking For Jobs – “As the last of the soldiers who served in Iraq and Afghanistan return to their native New Hampshire, about one third will retire from the military for medical reasons. That means they’re likely to face one of their toughest battles yet as they search for meaningful employment.Young military veterans are getting hit the hardest, with unemployment rates for 18 to 24 year-olds averaging as high as 30 percent.” NHPR
N.H.‘s smaller movie theaters’ costly conundrum: go digital or risk going under – “Already about two-thirds of theaters in the United States have converted from film to digital projection, including most of the major theaters in New Hampshire. But many of the state’s smaller theaters have yet to make the transition, and are left with a costly conundrum: As the movie industry rapidly phases out film in favor of digital distribution, can New Hampshire’s few remaining independent theaters that rely on the antiquated technology survive?” New Hampshire Business Review
Port scrap business fined $75K, will restore oysters, eelgrass in Great Bay – “Grimmel Industries has agreed to pay a $75,000 fine, and to conduct oyster and eelgrass restoration in Great Bay, to settle a federal complaint which alleged it discharged pollutants in the Piscataqua River through its scrap-metal recycling operation. “ SeacoastOnline.com