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Committee approves limits and clarifications on lease authority for municipal projects, 10‑8
Summary
HB1066, targeting use of RSA 337‑E lease authority, was advanced 10‑8 with amendment 0923H that raises the public‑hearing threshold to $500,000 and clarifies interactions with energy performance contracts; sponsors said the amendment aims to prevent using equipment leases to finance fixtures and large building improvements.
The committee advanced House Bill 1066 (warrant articles authorizing lease agreements) with amendment 2026‑0923H by a 10‑8 vote after the sponsor argued RSA 337‑E (leases of equipment with escape clauses) has been used to finance building fixtures that cannot be returned.
Representative McDonald explained the amendment raises the public‑hearing threshold for lease…
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