HB 1042 - AS INTRODUCED
2026 SESSION
26-3166
07/05
HOUSE BILL 1042
AN ACT raising the unified contingent credit limit.
SPONSORS: Rep. Sweeney, Rock. 25; Sen. Abbas, Dist 22
COMMITTEE: Finance
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ANALYSIS
This bill raises the unified contingent credit limit applicable to New Hampshire business finance authority projects and programs.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-3166
07/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
AN ACT raising the unified contingent credit limit.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Public Safety and Welfare; Business Finance Authority; Unified Contingent Credit Limit. Amend RSA 162-A:22 to read as follows:
162-A:22 Unified Contingent Credit Limit. The total amount of state guarantees in force under RSA 162-A:7-a, RSA 162-A:8, RSA 162-A:10, III, RSA 162-A:13, RSA 162-A:13-a, RSA 162-A:17, and RSA 162-I:9-b, shall not exceed in the aggregate at any time $50,000,000 plus interest, provided that such amount shall be increased to $80,000,000 plus interest on January 1, 1993, to $95,000,000 plus interest on January 1, 1994, and to $115,000,000 plus interest on May 1, 2015, and to [$200,000,000] $450,000,000 plus interest on June 1, [2023] 2026.
2 Effective Date. This act shall take effect upon its passage.
| Date | Body | Type |
|---|---|---|
| Jan. 22, 2026 | House | Hearing |
| Jan. 30, 2026 | House | Hearing |
| Feb. 20, 2026 | House | Exec Session |
Feb. 17, 2026: Executive Session: 02/20/2026 02:30 pm GP 230
Feb. 13, 2026: Division I Work Session: 02/20/2026 11:00 am GP 230
Feb. 2, 2026: Division I Work Session: 02/09/2026 10:00 am GP 234
Jan. 15, 2026: Public Hearing: 01/30/2026 10:00 am GP 230
Jan. 14, 2026: ==CANCELLED== Public Hearing: 01/22/2026 10:00 am GP 230
Jan. 14, 2026: Public Hearing: 01/22/2026 10:00 am GP 230
Nov. 7, 2025: Introduced 01/07/2026 and referred to Finance HJ 1