HB 191 - AS INTRODUCED

2015 SESSION

15-0421

09/01

HOUSE BILL 191

AN ACT relative to projects which are privately financed in energy efficiency and clean energy districts.

SPONSORS: Rep. Mann, Ches 2; Sen. Bradley, Dist 3

COMMITTEE: Municipal and County Government

ANALYSIS

This bill excepts projects which are privately financed in energy efficiency and clean energy districts from dollar amount caps and requirements for a loan loss reserve.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

15-0421

09/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fifteen

AN ACT relative to projects which are privately financed in energy efficiency and clean energy districts.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Paragraph: Financing Terms. Amend RSA 53-F:7 by inserting after paragraph IV the following new paragraph:

V. Privately-financed improvements that pose no financial risk to a municipality shall be exempt from dollar amount caps and loan loss reserve requirements.

2 Effective Date. This act shall take effect 60 days after its passage.