Amendment 2026-0859h to HB1042 (2026)

(New Title) raising the unified contingent credit limit and relative to the cap on outstanding obligations for which the housing finance authority is allowed.


Revision: March 2, 2026, 3:39 p.m.

Rep. Cambrils, Merr. 4

February 20, 2026

2026-0859h

05/09

 

 

Amendment to HB 1042

 

Amend the bill by replacing section 1 with the following:  

 

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 plus interest on June 1, 2023, and to $400,000,000 plus interest on June 1, 2026.