HB1042: (New Title) raising the unified contingent credit limit and relative to the cap on outstanding obligations for which the housing finance authority is allowed.

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RSA references from bill data

• 162-A:10 · amend

  redit 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 J

• 162-A:13 · reference

  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

• 162-A:13-A · reference

  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

• 162-A:17 · reference

  ws: 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 J

• 162-A:22 · amend

  Enacted by the Senate and House of Representatives in General Court convened: 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 1

• 162-A:7-A · amend

  hority; 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

• 162-A:8 · amend

  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

• 162-I:9-B · reference

  nified 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

• 204-C:28 · amend

  on May 1, 2015, [and] to $200,000,000 plus interest on June 1, 2023, and to $450,000,000 plus interest on June 1, 2026. 2 Housing Finance Authority; General Obligations. Amend RSA 204-C:28 to read as follows: 204-C:28 General Obligations. I. Except as may otherwise be expressly provided by resolution of the authority, every issue of its notes and bonds shall be general obligations of the authority p

• 204-C:40 · reference

  n any such housing or securing such loans or advances described above; the establishment of reserves to secure such notes and bonds, including any reserve fund created pursuant to RSA 204-C:40; and (c) All other expenditures of the authority incident to and necessary or convenient to carry out the issuance of notes and bonds to provide sufficient funds for any one or more of the other purposes enumerated in

• 204-C:41 · add

  y or convenient to carry out the issuance of notes and bonds to provide sufficient funds for any one or more of the other purposes enumerated in this paragraph. The provisions of RSA 204-C:41 shall not apply with respect to any bond reserve fund established under RSA 204-C:40 with respect to bonds of the authority to which this paragraph applies. III. In addition to the obligations which the authority ma

• 204-C:49 · add

  to the provisions of RSA 204-C:41 with respect to any bond reserve fund established under RSA 204-C:40 and may, at the discretion of the authority, be subject to the provisions of RSA 204-C:49, II. 3 Effective Date. I. Section 2 of this act shall take effect 60 days after its passage. II. The remainder of this act shall take effect upon its passage. HELPFUL LINKS Redistricting Information Ethics Com

RSAs mentioned by this document

• RSA 162-A · BUSINESS FINANCE AUTHORITY
• RSA 162-I · BUSINESS FINANCE AUTHORITY REVENUE BONDS
• RSA 204-C · HOUSING FINANCE AUTHORITY
• RSA 162-A:10 · Secondary Market for Loans Made by Local Development Organizations
• RSA 162-A:13 · Capital Asset Backed Guarantee Program
• RSA 162-A:17 · State Bond Guarantee
• RSA 162-A:22 · Unified Contingent Credit Limit
• RSA 162-A:8 · Guarantee of Loans to Small Businesses
• RSA 204-C:28 · General Obligations
• RSA 204-C:40 · Reserve Funds
• RSA 204-C:41 · Requests for Appropriations
• RSA 204-C:49 · Tax Exemption