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Committee hears proposal to move Health and Education Facilities Authority into Business Finance Authority
Summary
Grant Bosse, deputy chief of staff of the New Hampshire Senate, introduced Senate Bill 56 on behalf of Sen. Dan Innes, asking the committee to consolidate the New Hampshire Health and Education Facilities Authority into the Business Finance Authority.
Grant Bosse, deputy chief of staff of the New Hampshire Senate, introduced Senate Bill 56 on behalf of Sen. Dan Innes, asking the committee to consolidate the New Hampshire Health and Education Facilities Authority (HEFA) within the New Hampshire Business Finance Authority (BFA).
Proponents told the committee the two quasi‑state entities perform similar financing functions for nonprofit higher‑education and health institutions and that consolidation would reduce duplicated administrative costs. "We can…
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