New Hampshire HB1427: limiting the authority of a municipality, county, or school district to issue bonds.

What the bill says

An act limiting the authority of a municipality, county, or school district to issue bonds. Rep. Corcoran, Hills. 28; Rep. Berry, Hills. 44; Rep. Mary Murphy, Hills. 27; Rep. D. McGuire, Merr. 14; Rep. D. Kelley, Hills. 32; Rep. McGrath, Rock. 40; Rep. Bjelobrk, Graf. 5 COMMITTEE: Municipal and County Government ----------------------------------------------------------------- ANALYSIS This bill limits the authority of municipalities, counties, and school districts to issue bonds to only circumstances of declared emergencies, where essential infrastructure is at risk, for securement of substan.

From the introduced text, January 7, 2026:

AN ACT limiting the authority of a municipality, county, or school district to issue bonds. Rep. Corcoran, Hills. 28; Rep. Berry, Hills. 44; Rep. Mary Murphy, Hills. 27; Rep. D. McGuire, Merr. 14; Rep. D. Kelley, Hills. 32; Rep. McGrath, Rock. 40; Rep. Bjelobrk, Graf. 5 COMMITTEE: Municipal and County Government ----------------------------------------------------------------- ANALYSIS This bill limits the authority of municipalities, counties, and school districts to issue bonds to only circumstances of declared emergencies, where essential infrastructure is at risk, for securement of substantial matching funds, or where directed by the express will of the voters. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 Matter which is either (a) all new or (b) repealed and reenacted appears in regular type. 26-2546 12/09 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand …

Read the full official text

Sponsors

• Donald McFarlane (R, 18) · primary sponsor
• Travis Corcoran (R, 28)