SB525 • 2026

raising the maximum amount of state guarantees in force.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Daniel Innis (R), David Watters (D), Kevin Avard (R), Timothy Lang (R), Howard Pearl (r), Daryl Abbas (R)
Last action: 2026-06-24
Official status: SIGNED BY GOVERNOR
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

raising the maximum amount of state guarantees in force.

What This Bill Does

raising the maximum amount of state guarantees in force.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-24 S
Signed by the Governor on 06/19/2026; Chapter 192; Effective 06/19/2026
2026-06-10 H
Enrolled (in recess of) 06/04/2026 HJ 15
2026-06-10 S
Enrolled Adopted, VV, (In recess 06/04/2026); SJ 14
2026-06-05 H
Ought to Pass : MA VV 05/14/2026 HJ 13
2026-05-01 H
Committee Report: Ought to Pass 04/29/2026 (Vote 15-0; CC) HC 19 P. 7
2026-04-22 H
Executive Session: 04/29/2026 10:00 am GP 229
2026-04-16 H
Subcommittee Work Session: 04/21/2026 01:15 pm GP 229
2026-04-01 H
Public Hearing: 04/08/2026 02:00 pm GP 229
2026-02-26 H
Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs HJ 5 P. 124
2026-02-09 S
Committee Report: Ought to Pass, 02/19/2026; Vote 5-0; CC; SC 6
2026-02-09 S
Ought to Pass : MA, VV; OT3rdg; 02/19/2026; SJ 4
2026-01-27 S
Hearing: 02/03/2026, Room 100, SH, 10:30 am; SC 1
2025-11-24 S
Introduced 01/07/2026 and Referred to Commerce; SJ 1

Official Summary Text

raising the maximum amount of state guarantees in force.

Current Bill Text

Read the full stored bill text

CHAPTER 192
SB 525 - FINAL VERSION

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.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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:

192:1 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
.

192:2 Effective Date. This act shall take effect upon its passage.

Approved: June 19, 2026
Effective Date: June 19, 2026