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NH SB155
Bill
Status
1/22/2025
Primary Sponsor
Tara Reardon
Click for details
AI Summary
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Municipal, county, and non-profit projects eligible for federal highway assistance under Title 23 may use toll credits as a match without requiring department or legislative approval, where permitted by the federal government
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All other uses of toll credits continue to require approval from the joint legislative capital project overview committee before moving forward in the state 10-year transportation improvement program
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The fiscal note indicates this could reduce the state's toll credit balance by approximately $20 million annually, as federally funded municipal projects typically require a 20% local match
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Using toll credits instead of local matching funds would enable 100% federal funding for eligible projects but could reduce available federal funds for other state or municipal projects
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The bill takes effect 60 days after passage
Legislative Description
Relative to highway toll credits.
Last Action
Refer to Interim Study, Motion Adopted, Voice Vote; 01/07/2026; Senate Journal 1
1/7/2026