HB 1042·NH·house
relative to the cap on outstanding obligations for which the housing finance authority is allowed.
Signed into LawFiled Nov 7, 2025
Sponsor: Joe Sweeney (R)
Latest Action
Signed by Governor Ayotte 07/15/2026; Chapter 320; eff.09/13/2026
Jul 20, 2026
Summary
The bill increases the maximum amount of guarantees the state can issue for Business Finance Authority projects from $200 million to $450 million. It applies to any loan or credit program that falls under the listed RSA sections, allowing more businesses to access state‑backed financing. The change is intended to expand credit availability for economic development.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when HB 1042 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 1042 freeOr ask your AI assistant about HB 1042 directly:
Add to Claude, ChatGPT or Cursor