Citizen in a RepublicNH Bill Briefing
← All bills

HB 1147 · 2026 · House · Municipal and County Government Committee

Capital reserve fund use rules

AI-generated

relative to the use of capital reserve funds.

Reinstates prior requirements governing the use of a capital reserve fund for multiple payments under lease/purchase financing agreements.AI-generated

Status

Killed in the House — Inexpedient to Legislate · March 5, 2026
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill reinstates prior requirements for the use of a capital reserve fund for multiple payments under certain financing agreements that are lease/purchase agreements.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Brian NadeauRPrime
  • Rep. Margaret DryeRClerk· Education Policy and Administration

Also: Rep. Laurence MinerR, Rep. Linda McGrathR, Rep. Melissa LitchfieldR

Public testimony

2 signed in online

50% support50% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-02-039:30 amHouse Municipal and County GovernmentGP 154Public hearing
  • 2026-02-179:00 amHouse Municipal and County GovernmentGP 154Public hearingrescheduled

Legislative history

  1. Jan 7, 2026HouseIntroduced 01/07/2026 and referred to Municipal and County Government HJ 1 P. 8
  2. Feb 3, 2026HousePublic Hearing: 02/03/2026 10:45 am GP 154
  3. Feb 17, 2026HouseExecutive Session: 02/17/2026 09:00 am GP 154
  4. Feb 17, 2026House: Inexpedient to Legislate 02/17/2026 (Vote 17-0; CC) HC 9 P. 21
  5. Mar 5, 2026HouseInexpedient to Legislate: MA VV 03/05/2026 HJ 6 P. 27

Coverage

No reporting linked yet.

Documents (PDF)

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