Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves compromise to raise BFA contingent credit cap to $400 million
Summary
After debate and an amendment, the committee voted 6-1 to recommend passage of House Bill 1042 as amended, lowering the proposed cap to $400 million (from $450 million in committee draft) to expand the New Hampshire Business Finance Authority's contingent credit limit.
Lawmakers in the division advanced House Bill 1042 as amended, approving a compromise that raises the unified contingent credit limit applicable to New Hampshire Business Finance Authority projects to $400 million.
Representative Sweeney moved that the committee recommend House Bill 1042 ought to pass and described testimony from the executive director of the Business Finance Authority…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
