New HampshireNew Hampshire caps covered state financing guarantees at $500 million
New Hampshire now limits the total state guarantees under the listed business financing laws to $500 million plus interest at any time.
What it does
All covered state guarantees together are capped at $500 million plus interest. The law took effect June 19, 2026, though it dates this limit to March 1, 2026.
Argument forAllowing up to $500 million in covered guarantees could help businesses obtain financing when lenders want state backing.
Argument againstGuarantees up to this ceiling could leave the state owing substantial payments if businesses with covered financing fail to repay.
More detail
New Hampshire caps all covered state guarantees together at $500 million plus interest. The cap covers only the state guarantees listed in the Business Finance Authority credit limit section. The ceiling includes the stated amount plus interest. It applies to all covered guarantees together at any time. The law took effect June 19, 2026. Its $500 million limit is dated March 1, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 24Signed by the Governor Kelly Ayotte on 06/19/2026; Chapter 192; Effective 06/19/2026Became Law
- Jun 10Enrolled (in recess of) 06/04/2026 HJ 15 P. 43To Governor
- Jun 10Enrolled Adopted, VV, (In recess 06/04/2026); SJ 14Minor
- May 14Ought to Pass: MA VV 05/14/2026 HJ 13 P. 5Passed House
- May 1Committee Report: Ought to Pass 04/29/2026 (Vote 15-0; CC) HC 19 P. 7Minor
- Apr 22Executive Session: 04/29/2026 10:00 am GP 229
- Apr 16Subcommittee Work Session: 04/21/2026 01:15 pm GP 229
- Apr 1Public Hearing: 04/08/2026 02:00 pm GP 229
- Feb 26Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs HJ 5 P. 124Minor
- Feb 19Ought to Pass: MA, VV; OT3rdg; 02/19/2026; SJ 4Passed Senate
- Feb 9Committee Report: Ought to Pass, 02/19/2026; Vote 5-0; CC; SC 6Minor
- Jan 27Hearing: 02/03/2026, Room 100, SH, 10:30 am; SC 1
- 2025
- Nov 24Introduced 01/07/2026 and Referred to Commerce; SJ 1Introduced
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