Revision: Nov. 24, 2025, 8:56 a.m.
SB 525 - AS INTRODUCED
2026 SESSION
26-2113
07/06
SENATE BILL 525
AN ACT raising the maximum amount of state guarantees in force.
SPONSORS: Sen. Innis, Dist 7; Sen. Lang, Dist 2; Sen. Watters, Dist 4; Sen. Pearl, Dist 17; Sen. Avard, Dist 12; Sen. Abbas, Dist 22
COMMITTEE: Commerce
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ANALYSIS
This bill raises the maximum amount of state guarantees in force.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2113
07/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
AN ACT raising the maximum amount of state guarantees in force.
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 plus interest on June 1, 2023, and to $500,000,000 plus interest on March 1, 2026.
2 Effective Date. This act shall take effect upon its passage.