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RSA 162-U:1 · [RSA 162-U:1 repealed by 2025, 141:331, effective July 1, 2045.] 162-U:1 Definitions

[RSA 162-U:1 repealed by 2025, 141:331, effective July 1, 2045.] 162-U:1 Definitions. – In this chapter:

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I.

"Place-based economy" means a tailored economic development response that uses a region's unique characteristics to create and sustain growth. The goal is to improve the quality of life and economic vitality by building on its limited strengths and assets.

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II.

"Distressed" means an area that has a high rate of poverty, unemployment, or outmigration and is the most severely and persistently economically distressed and underdeveloped. Source. 2025, 141:330, eff. Aug. 26, 2025.

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Source note

Source. 2025, 141:330, eff. Aug. 26, 2025.

Source history

  • 2025, 141:330, eff. Aug. 26, 2025

Related materials

Bill relationships

  • 2026 HB1739 amend · effective 2026-04-01

    data facilities. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Chapter; DATA-CENTER INVESTMENTS AND GRID MODERNIZATION. Amend RSA 162-U by inserting after chapter 162 the following new chapter: CHAPTER 162-V DATA-CENTER INVESTMENTS AND GRID MODERNIZATION 162-V:1 Purpose. The purpose of this chapter is to attract large-scale data-center campuses to N

  • 2026 HB1739-FN amend · effective 2026-04-01

    data facilities. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Chapter; DATA-CENTER INVESTMENTS AND GRID MODERNIZATION. Amend RSA 162-U by inserting after chapter 162 the following new chapter: CHAPTER 162-V DATA-CENTER INVESTMENTS AND GRID MODERNIZATION 162-V:1 Purpose. The purpose of this chapter is to attract large-scale data-center campuses to N

  • 2026 SB539 add

    ligible biomass technologies having a gross nameplate capacity of 75 MWs operating as of January 1, 2026 in Coos County established as a distressed place-based economy pursuant to RSA 162-U. (c) Methane gas. Effective for electricity production commencing January 1, 2017, methane gas shall not qualify for class III if the production is from a source or sources which began operation prior to January 1, 20

  • 2026 SB539-FN add

    ligible biomass technologies having a gross nameplate capacity of 75 MWs operating as of January 1, 2026 in Coos County established as a distressed place-based economy pursuant to RSA 162-U. (c) Methane gas. Effective for electricity production commencing January 1, 2017, methane gas shall not qualify for class III if the production is from a source or sources which began operation prior to January 1, 20

  • 2026 SB664 reference

    , fringe benefits, allowances, and any other remuneration. IV. "Distressed place-based economy" means any municipality or region designated as economically distressed pursuant to RSA 162-U or by the department of business and economic affairs, the U.S. Economic Development Administration, or any successor program. V. "Workforce reduction" means the involuntary termination, layoff, or reduction in force o

  • 2026 SB664-FN reference

    , fringe benefits, allowances, and any other remuneration. IV. "Distressed place-based economy" means any municipality or region designated as economically distressed pursuant to RSA 162-U or by the department of business and economic affairs, the U.S. Economic Development Administration, or any successor program. V. "Workforce reduction" means the involuntary termination, layoff, or reduction in force o

  • 2025 HB2 repeal

    epartment Commissioners. The general court hereby declares that Coos County is a distressed place-based economy. All agencies shall consider this declaration in decisions affecting Coos county. 141:331 Repeal. RSA 162-U, relative to the designation of Coos County as a distressed place-based economy, is repealed. 141:332 Effective Date. I. Section 331 of this act shall take effect July 1, 2045. II. Section 330 of this act shal