SB 279 · 2025 · Senate · Commerce Committee
Housing champion business loan program
AI-generatedestablishing the housing champion business loan program and making appropriations to the department of business and economic affairs and the business finance authority.
Allows housing champion communities to participate in a business loan program administered by the business finance authority and appropriates funds to the department of business and economic affairs for the housing champion designation and grant program fund.AI-generated
Status
Killed in the Senate — Inexpedient to Legislate · November 3, 2025- ✓Introduced
- ✕Senate
- House
- Governor
- Law
Analysis
This bill: I. Allows housing champion communities to participate in a business loan program administered by the business finance authority and makes an appropriation to fund such loans. II. Makes an appropriation to the department of business and economic affairs for deposit in the housing champion designation and grant program fund.
From the bill's official ANALYSIS section.
In the bill's words
Quoted verbatim from the bill as introduced. Passages chosen from the operative text.Computed by this site
“The authority shall establish a revolving low-interest rate business loan program to encourage growth and job creation in communities that receive the New Hampshire housing champion designation.”
“The authority may only provide a loan to a given business under this program after review and approval of the proposed loan by the board of directors of the authority.”
Official record
gc.nh.gov · the authoritative source
Sponsors
- Sen. Timothy LangRMajority Whip
- Sen. Suzanne PrentissDAssistant Democratic Leader
- Sen. Cindy RosenwaldDDeputy Democratic Leader
- Sen. Daniel InnisRChair· Commerce
- Rep. Joe AlexanderRChair· Housing
- Rep. David PaigeDRanking Member· Housing
- Rep. Alexis SimpsonDDemocratic Leader
- Rep. Laurel StavisDRanking Member· Municipal and County Government
Also: Sen. Pat LongD, Sen. Donovan FentonD, Sen. David WattersD, Sen. Tara ReardonD, Sen. Debra AltschillerD
Public testimony
No one submitted online testimony on this bill. See the record
Votes
yeanay- Mar 13, 2025SenateCommittee report: Ought to Pass5–0Overall100% yea
- Mar 13, 2025SenateVoice voteOught to Passadopted
- Mar 27, 2025SenateCommittee report: Ought to Pass7–0Overall100% yea
- Mar 27, 2025SenateVoice voteOught to Passadopted
- Mar 27, 2025SenateVoice voteSen. Gray Moved Laid on Tableadopted
Hearings and debates
- Feb 11, 2025Public hearingSenate Commerce1:14:34–1:23:338m 59slocated in the stream transcriptHearing
- Mar 13, 2025Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote
- Mar 27, 2025Floor debateSenate floor4:10:07–4:12:512m 44slocated in the stream transcriptCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote; Sen. Gray Moved Laid on Table — adopted, voice vote
Timestamps locate where this bill is taken up in the chamber's YouTube stream.
Legislative history
- Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Commerce; SJ 3
- Feb 11, 2025SenHearing: 02/11/2025, Room 100, SH, 10:15 am; SC 9
- Mar 13, 2025SenCommittee Report: Ought to Pass, 03/13/2025; Vote 5-0; CC; SC 12
- Mar 13, 2025SenOught to Pass: MA, VV; Refer to Finance Rule 4-5; 03/13/2025; SJ 7
- Mar 27, 2025Sen: Ought to Pass, 03/27/2025, Vote 7-0; SC 14
- Mar 27, 2025SenOught to Pass: MA, VV; 03/27/2025; SJ 9
- Mar 27, 2025SenSen. Gray Moved Laid on Table, MA, VV; 03/27/2025; SJ 9
- Mar 27, 2025SenPending Motion OT3rdg; 03/27/2025; SJ 9
- Oct 31, 2025SenInexpedient to Legislate, Senate Rule 3-23, 10/31/2025; SJ 1
Coverage
No reporting linked yet.
Documents (PDF)
Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.