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NH SB525

Bill

Official Source

Status

Engrossed

2/26/2026

Primary Sponsor

Daniel Innis

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Increases the maximum amount of state guarantees in force through the Business Finance Authority from $200,000,000 to $500,000,000 plus interest

  • The new $500 million cap would take effect on March 1, 2026

  • State guarantees covered include those under various RSA 162-A provisions and RSA 162-I:9-b related to business financing programs

  • Previous cap increases occurred in 1993 ($80 million), 1994 ($95 million), 2015 ($115 million), and 2023 ($200 million)

  • Bill takes effect upon passage

Legislative Description

Raising the maximum amount of state guarantees in force.

Last Action

Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs House Journal 5

2/26/2026

Committee Referrals

Commerce and Consumer Affairs2/26/2026
Commerce11/24/2025

Full Bill Text

No bill text available