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SB 85 · 2025 · Senate · Commerce Committee

Bank lending limits and new bank rules

AI-generated

relative to chartered bank lending limits.

Raises the amount of money a chartered bank may loan to a single borrower and shortens the de novo status period for newly chartered banks.AI-generated

Status

Signed into law · July 22, 2025
  1. ✓Introduced
  2. ✓Senate
  3. ✓House
  4. ✓Governor
  5. ✓Law

Analysis

This bill: I. Raises the amount of money a bank can loan to a single borrower. II. Shortens the de novo status period for new banks.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Howard PearlRPrimeChair· Executive Departments and Administration
  • Sen. Timothy LangRMajority Whip
  • Sen. Daniel InnisRChair· Commerce
  • Sen. Cindy RosenwaldDDeputy Democratic Leader
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Sen. Mark McConkeyRChair· Capital Budget
  • Rep. Dan McGuireRVice Chair· Finance
  • Rep. Michael MoffettRChair· State-Federal Relations and Veterans Affairs
  • Rep. John HuntRChair· Commerce and Consumer Affairs
  • Rep. John PotucekRVice Chair· Commerce and Consumer Affairs

Also: Sen. Tara ReardonD, Sen. Tim McGoughR, Sen. David WattersD

Public testimony

5 signed in online

60% support40% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-03-049:30 amSenate CommerceSH 100Public hearing
  • 2025-04-221:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-0610:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-271:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing

Legislative history

  1. Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Commerce; SJ 3
  2. Mar 4, 2025SenHearing: 03/04/2025, Room 100, SH, 11:15 am; SC 11
  3. Mar 20, 2025Sen: Ought to Pass with Amendment # 2025-0907s, 03/20/2025; Vote 6-0; CC; SC 13
  4. Mar 20, 2025SenCommittee Amendment # 2025-0907s, AA, VV; 03/20/2025; SJ 8
  5. Mar 20, 2025SenOught to Pass with Amendment #2025-0907s, MA, VV; OT3rdg; 03/20/2025; SJ 8
  6. Mar 27, 2025HouseIntroduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 110
  7. Apr 22, 2025HousePublic Hearing: 04/22/2025 02:00 pm LOB 302-304
  8. May 6, 2025HouseSubcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
  9. May 27, 2025HouseExecutive Session: 05/27/2025 01:15 pm LOB 302-304
  10. May 27, 2025House: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 7
  11. Jun 5, 2025HouseOught to Pass: MA VV 06/05/2025 HJ 16 P. 4
  12. Jun 26, 2025HouseEnrolled (in recess of) 06/26/2025 HJ 18 P. 59
  13. Jun 26, 2025SenEnrolled Adopted, VV, (In recess 06/26/2025); SJ 18
  14. Jul 15, 2025SenSigned by the Governor on 07/15/2025; Chapter 0225; Effective 07/15/2025

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.