NH HB1042

Increases the unified contingent credit limit for New Hampshire Business Finance Authority projects and programs from $200,000,000 to $450,000,000 plus interest

New credit limit takes effect on June 1, 2026, replacing the previous limit set on June 1, 2023

Credit limit applies to state guarantees issued under multiple RSA sections including RSA 162-A:7-a, RSA 162-A:8, RSA 162-A:10, RSA 162-A:13, RSA 162-A:13-a, RSA 162-A:17, and RSA 162-I:9-b

Act takes effect upon passage