A court ruling on Wednesday blocked the state from balancing its budget with $110 million from a medical malpractice fund.
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 JUA was established by state law in 1975, but operates independent of state control. The recently enacted state budget bill counted on the funds to balance both the fiscal year that ended June 30 and the current year.
Thursday, July 30, 2009
Judge Puts $110 Million Hole in New Hampshire Budget
The Union Leader reports:
