Concord, NH – Today, after signing SB 3 into law, an act relative to clarifying the tax treatment of federal Paycheck Protection Program loans, Governor Chris Sununu issued the following statement:

“With the signing of SB 3 today, New Hampshire is providing $100 million in tax relief — the first in a series of tax cuts — that will provide for the benefit of all New Hampshire families and businesses,” said Governor Chris Sununu. “New Hampshire is leading the nation in ensuring that PPP loans are not included as taxable income — a vital step to ensuring we maintain our NH Advantage.”