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RSA 6-A:11 · Revenue Bonds

Title: I: THE STATE AND ITS GOVERNMENT
Chapter: 6-A · STATE BONDS
Status: current
Official source linked: Yes

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6-A:11 Revenue Bonds. – The governor and council may authorize the state treasurer to issue revenue bonds in accordance with this section. Revenue bonds may be authorized whenever the proceeds of such bonds are to be used for revenue-producing facilities or to refund bonds, the principal of which was used for revenue-producing facilities, and the revenues from such facilities are expected to be sufficient to pay the principal, premium, if any, and interest on such bonds. As used in this section, revenue-producing facilities means any facility from the operation of which revenues are to be derived by the state. The proceedings authorizing the issuance of revenue bonds shall contain a description of the facilities financed or to be financed and the revenue generated or expected to be generated by said facility. The principal of, premium, if any, and interest on revenue bonds issued pursuant to this section shall be paid solely from the revenue generated by the facility constructed. In authorizing the issuance of such bonds, the governor and council are hereby empowered to pledge and dedicate the revenue from such facility to be used first to pay the principal of, premium, if any, and interest on said bonds as the same become due and the state treasurer shall keep such revenue in a separate account for such purpose and is hereby authorized to expend the same for such purpose. Revenue bonds issued pursuant to this section shall not be considered a pledge of the faith and credit of the state and shall not be deemed debt of the state in determining its borrowing capacity under any applicable law. All provisions of RSA 6-A not inconsistent with the provision of this section shall be applicable to revenue bonds issued hereunder. Source. 1985, 332:18, eff. June 14, 1985.

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Source note

Source. 1985, 332:18, eff. June 14, 1985.

Source history

1985, 332:18, eff. June 14, 1985

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Bill relationships

2026 HB1714 amend
the Senate and House of Representatives in General Court convened: 1 New Section; The State and Its Government; State Bonds; Bonds Issued for School Education Funding. Amend RSA 6-A by inserting after section 14 the following new section: 6-A:15 Bonds Issued for School Education Funding. I. Notwithstanding any provision of law to the contrary, the state treasurer shall issue bonds to fund p
2026 HB1714-FN amend
the Senate and House of Representatives in General Court convened: 1 New Section; The State and Its Government; State Bonds; Bonds Issued for School Education Funding. Amend RSA 6-A by inserting after section 14 the following new section: 6-A:15 Bonds Issued for School Education Funding. I. Notwithstanding any provision of law to the contrary, the state treasurer shall issue bonds to fund p
2025 HB2 reference
authorized to borrow on the credit of the state not exceeding the sum of $15,600,000 and for said purpose may issue bonds and notes in the name of and on behalf of the state of New Hampshire in accordance with RSA 6-A. The payment of principal and interest on the bonds and notes under this paragraph shall be a direct charge against the rents paid by state agencies including the office of professional licensure and certifica
2025 HB2 reference
f import to this state. Persons licensed under RSA 146-A:11-b, II shall be liable for payment of this additional fee which shall be collected and enforced by the department of safety in the manner described in RSA 146-A:11-b. The department of environmental services may waive all or any portion of penalties or interest for good cause. All fee revenues shall be deposited in the hazardous waste cleanup fund in accordance with RSA 14
2025 HB25 reference
thorized to borrow upon the credit of the state not exceeding the sum of $825,895.97 and for said purpose may issue bonds and notes in the name of and on behalf of the state of New Hampshire in accordance with RSA 6-A. Payments of principal and interest on the bonds and notes shall be made from the general fund of the state. IV. All contracts and projects and plans and specifications therefor for the projects authorized in