- Associated Press - Thursday, February 12, 2015

CONCORD, N.H. (AP) - Gov. Maggie Hassan wants to allow the gambling game keno in bars and restaurants, raise the tobacco tax and stop businesses from hiding profits overseas to raise about $126 million in new revenue.

The increases are part of Hassan’s $11.5 billion two-year budget proposal released Thursday. It also includes a 35 percent increase in vehicle registration fees, expected to bring in $35 million over two years exclusively for the highway fund. Each proposal requires legislative approval.

Hassan proposes raising the tobacco tax by 21 cents and extending it to smokeless tobacco, cigars and electronic cigarettes to bring in $39.2 million.

She’s also seeking to close a loophole that currently keeps the state from auditing compensation claims by business owners to make sure people aren’t counting taxable profits as nontaxable income.

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