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RSA 6-C:2 · Affordable Debt Limit

6-C:2 Affordable Debt Limit. –

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I.

The general court shall not authorize any additional net tax supported debt of the state if the projected annual debt service, as certified by the treasurer and filed with the legislative budget assistant, on such additional net tax supported debt, when added to the prior projected and actual annual debt service on any previously authorized net tax supported debt, both issued and unissued, exceeds 10 percent of the unrestricted general fund revenues for the previous fiscal year.

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II.

The general court may only exceed the ceiling in paragraph I by a 3/5 vote of each house present and voting. Such 3/5 vote shall only apply to votes on final passage and adoption of committee of conference reports. Source. 1991, 335:1. 1992, 289:62, eff. June 17, 1992.

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Source note

Source. 1991, 335:1. 1992, 289:62, eff. June 17, 1992.

Source history

  • 1991, 335:1
  • 1992, 289:62, eff. June 17, 1992

Related materials

Bill relationships

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    y the Senate and House of Representatives in General Court convened: 1 New Section; The State and Its Government; Debt Management; Spending Limits and Excess Revenues. Amend RSA 6-C by inserting after section 2 the following new section: 6-C:3 Spending Limits and Excess Revenues. I. The state's total fiscal year maximum annual percentage change in New Hampshire's fiscal year total spending sh

  • 2026 HB1405 reference

    impact is indeterminable. However, the potential liability of the state would be up to $300 million. This structure may complicate the calculation of the state’s debt limit under RSA 6-C. AGENCIES CONTACTED: New Hampshire Housing Finance Authority and Treasury Department HELPFUL LINKS Redistricting Information Ethics Committee Statutory/Study Committees Voting Records Past Member Legislation D

  • 2026 HB1405-FN reference

    impact is indeterminable. However, the potential liability of the state would be up to $300 million. This structure may complicate the calculation of the state’s debt limit under RSA 6-C. AGENCIES CONTACTED: New Hampshire Housing Finance Authority and Treasury Department HELPFUL LINKS Redistricting Information Ethics Committee Statutory/Study Committees Voting Records Past Member Legislation D

  • 2026 HB1714 reference

    n FY 2030. Payments decline from $229M in FY 2031 until final payment of $45M in FY 2049. In addition, the Treasury Department notes the following: The debt limit pursuant to RSA 6-C may be exceeded if the cost of funding an adequate education was bonded. Actual and projected tax-supported debt cannot exceed 10% of unrestricted general fund revenue. Pursuant to RSA 9:8-b, the state is not to use bon

  • 2026 HB1714-FN reference

    n FY 2030. Payments decline from $229M in FY 2031 until final payment of $45M in FY 2049. In addition, the Treasury Department notes the following: The debt limit pursuant to RSA 6-C may be exceeded if the cost of funding an adequate education was bonded. Actual and projected tax-supported debt cannot exceed 10% of unrestricted general fund revenue. Pursuant to RSA 9:8-b, the state is not to use bon

  • 2026 HB1748 reference · effective 2027-01-01

    and up to $25,000,000 plus interest for bonds guaranteed under the bill. The Department further notes that these guarantees would affect the State’s debt limit calculation under RSA 6-C, because guaranteed debt is included in authorized and unissued debt. The Department of Health and Human Services states this bill requires that certain household data be furnished to the Authority related to low incom

  • 2026 HB1748-FN reference · effective 2027-01-01

    and up to $25,000,000 plus interest for bonds guaranteed under the bill. The Department further notes that these guarantees would affect the State’s debt limit calculation under RSA 6-C, because guaranteed debt is included in authorized and unissued debt. The Department of Health and Human Services states this bill requires that certain household data be furnished to the Authority related to low incom

  • 2026 HB1781 amend · effective 2027-01-01

    a child with disabilities which becomes effective after July 9, 2013 may continue after the child reaches age 21 or no longer qualifies as a child with a disability, as defined in RSA 186-C:2, I, who is receiving special education or special education and related services as identified by the child's school district. 2 Parental Rights and Responsibilities; Support. Amend RSA 461-A:14, V to read as follows

  • 2026 HB1781-FN amend · effective 2027-01-01

    a child with disabilities which becomes effective after July 9, 2013 may continue after the child reaches age 21 or no longer qualifies as a child with a disability, as defined in RSA 186-C:2, I, who is receiving special education or special education and related services as identified by the child's school district. 2 Parental Rights and Responsibilities; Support. Amend RSA 461-A:14, V to read as follows

  • 2026 HB1817 reference

    service to school and community. For purposes of allowing access as described in this section, a "home educated pupil" includes any pupil who is a "child with a disability" under RSA 186-C:2, I, until such time as such pupil has acquired a high school diploma or reached age 21 inclusive; but shall not include any other pupil who has graduated from a high school level program of home education, or its equiva

  • 2026 HB1817-FN reference

    service to school and community. For purposes of allowing access as described in this section, a "home educated pupil" includes any pupil who is a "child with a disability" under RSA 186-C:2, I, until such time as such pupil has acquired a high school diploma or reached age 21 inclusive; but shall not include any other pupil who has graduated from a high school level program of home education, or its equiva

  • 2026 HB1835 reference

    of an adequate education, the state shall reimburse school districts on a quarterly basis 80 percent of the cost of services provided to a "child with a disability," as defined by RSA 186-C:2, I, necessary to comply with the individual education program to be implemented for that child pursuant to RSA 186-C:7 or required under federal law pursuant to the Individuals with Disabilities Education Act, 20 United