Title XII, Public Safety and Welfare

There is established a council on resources and development which shall include the following members: I. The commissioner or appropriate division director, department of business and economic affairs, or designee, who shall serve as chairperson of the council. II. The commission…

I. The commissioner of business and economic affairs shall file a report detailing the implementation of the tax credit program under RSA 77-A:5, XIII and the results achieved. The report shall include the following: (a) Methods and activities used to implement the tax credit pro…

The legislature recognizes that in order to ensure the health, safety, and well-being of the public and of current and future generations, a costly and comprehensive decommissioning procedure is necessary at the end of the useful or serviceable life of nuclear electric generating…

I. It is hereby declared that there is a need for the development of industrial facilities, including pollution control facilities, commercial facilities in redevelopment project areas, water powered electric generating facilities and aircraft hangar facilities within the state i…

The governing body of any city or town may enter into special assessment memorandums of understanding with 60 percent of properties' owners to establish special assessment districts and spending programs for the purpose of financing public infrastructure improvements necessary to…

Any city or town may adopt this chapter and shall thereafter have all the authority, powers, duties and responsibilities set forth in this chapter. I. A city may adopt this chapter by majority vote of the legislative body of the city after notice and hearing as set forth in RSA 1…

In this chapter: I. "Economic revitalization zone" means a zone designated by the commissioner of business and economic affairs as an economic revitalization zone in accordance with the provisions of this chapter. II. "Full-time job" means a job that is at least 35 hours per week…

It is declared that there is a statewide need for the preservation and development of business and industry for the betterment of the economy of the state and its inhabitants. It is the purpose of this chapter to provide for the preservation, establishment, and redevelopment of b…

I. Action under this chapter may be in concert with the business finance authority acting under RSA 162-A, or projects may be sold to such authority at any time during their development. Business and industrial facilities may be located outside the boundaries of the governmental …

I. At least 30 days prior to filing an application for a certificate, an applicant shall hold at least one public information session in each county where the proposed facility is to be located provided that if the proposed facility is located within a single city or town the pub…

The lands and interests in lands acquired under the former RSA 221-A through the use of the trust fund for the program shall be held in public trust and used and applied for the purposes of this subdivision. Notwithstanding any other provision of law relating to the disposal of p…

I. An investment tax credit equal to 75 percent of the contribution made to the authority during the contributor's tax year shall be allowed against any of the following individually or in combination: (a) Taxes imposed by RSA 77-A. (b) Taxes imposed by RSA 400-A. (c) Taxes impos…

I. Upon formation of a development district, the assessors of the municipality in which it is situated shall determine the current assessed value of the real property within the boundaries of the development district. The current assessed value so determined shall be known as the…

I. To the extent required by section 147(f) of the Internal Revenue Code of 1986, as amended, or by any applicable successor provision of federal tax law, the authority may not issue bonds to finance a project in any state or territory of the United States unless the governor, or…

I. No financing or security document, bond or other instrument shall in any way obligate the state to raise any money by taxation or use other public funds for any purpose in relation to an eligible facility, and neither the state nor the authority shall pay or promise to pay any…

I. The authority may acquire for its own account, or for resale, loans made by local development organizations to businesses operating within the state. The authority shall acquire such loans only if the local development organization agrees to use the proceeds of the sale of suc…

I. To meet the objectives of this chapter, and with due regard for the renewable energy goals of RSA 362-F, including promoting the use of renewable resources, reducing greenhouse gas and other air pollutant emissions, and addressing dependence on imported fuels, the general cour…

I. To meet the objectives of this chapter, and with due regard to meeting the energy needs of the residents and businesses of New Hampshire, the general court finds that appropriately sited high pressure gas pipelines subject to committee approval have the potential to assist the…

No person, or the person's successor in title, who has granted or sold rights of public access by virtue of an easement, right-of-way, development right, or other means in accordance with the purposes of this subdivision shall be liable to a user of that right of access for injur…

All moneys received or held pursuant to a lease or a trust indenture shall be deemed to be trust funds to be held and applied solely in accordance with the lease or the trust indenture.

Decisions made pursuant to this chapter shall be reviewable in accordance with RSA 541.

In this subdivision: I. "Authority" means the community development finance authority established by RSA 162-L:2. II. "Chief executive officer" means the chief executive of the municipality, whether the official designation is mayor, city manager, chairman of the board of selectm…

All actions by the authority under this chapter may be authorized by resolutions adopted by a majority of the members of the board in attendance at a meeting at which a quorum is present pursuant to RSA 162-A:20.

The municipality's annual report shall contain a financial report for any development district in the municipality. The report shall include at least the following information: the amount and source of revenue of the district, the amount and purpose of expenditures, the amount of…

The state does hereby pledge to and agree with the holders of bonds issued under this chapter that the state shall not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the holders of such bonds or in any way impair the righ…

In order to provide additional security to the state for any loan guarantees made under RSA 162-A:8, RSA 162-A:10, or RSA 162-A:13, there is hereby established a loan guarantee reserve fund, which shall be held by the authority apart from all of its other funds, and which shall b…

Any bank, trust company, or any other financial institution which has power to act as a trustee, whether within or outside the state may serve as trustee for the benefit of bondholders under a security document. Such trustee may at any time own all or any part of the bonds issued…

After the initial designated members have been appointed pursuant to RSA 162-S:3, II, the business finance authority may select a qualified firm to assist in the carrying out of the powers of the authority and the administration of the business of the authority conferred by this …

Maintenance and operation of the systems and improvements constructed under this chapter shall be under the supervision of the district administrator. The cost of maintenance and operation of the non-revenue-producing facilities together with excess of costs of operation and main…

I. The authority may contribute money to funds, to be known as "CAP funds," that shall be held for the benefit of participating state banks and state credit unions. Each such fund shall be held by the authority separate and apart from all other funds of the authority and shall be…

In allocating funds under the community development block grant program, the authority shall give priority to activities that: I. Benefit low and moderate income households. II. Aid in the prevention or elimination of slum or blight. III. Aid in the prevention or elimination of c…

I. The department shall monitor the construction and operation of any energy facility granted a certificate under this chapter or prior law to ensure compliance with such certificate and enforce the terms and conditions of any such certificate. With the exception of the authority…

All bonds and the interest thereon shall be exempt from taxation in the state of New Hampshire.

The governmental unit, by resolution of its governing body, may covenant with holders of its bonds, issued under this chapter, in such manner and to such extent as the governing body deems necessary, that the governmental unit will act in such a way as to preserve, or refrain fro…

I. The authority shall be exempt from the rules of any department, commission, board, bureau, or agency of the state except as otherwise provided in this chapter. II. The authority shall be exempt from the provisions of RSA 541-A and may adopt rules in accordance with its own pro…

A wide range of community development activities shall be eligible for funding. These may include, but are not limited to: I. The acquisition, rehabilitation, or expansion of housing. II. The creation, expansion, or retention of employment through the stimulation of private inves…

I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements …

Bonds issued under this chapter shall be legal investments for all persons without limit as to the amount held, regardless of whether they are acting for their own account or in a fiduciary capacity. No person offering to buy or sell or buying or selling such bonds shall be requi…

Complete verbatim records shall be kept by the committee of all hearings, and records of all other actions, proceedings, and correspondence of the committee, including submittals of information and reports by members of the public, shall be maintained, all of which records shall …

The municipality may create a department or designate an existing department or office or agency or municipal housing and redevelopment authority, or form a corporation under RSA 292, to administer development districts. The district administrator may, subject to such rules and l…

I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements …

I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements …

I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements …

I. The authority may establish and administer an innovation business job growth program to increase the supply of venture capital to the economy of the state. The program is intended to promote investment in qualified venture capital funds by guaranteeing or insuring portions of …

I. The legislative body of the municipality may, in the same manner as the chapter is adopted pursuant to RSA 162-K:1, create an advisory board for each development district that ensures fair representation of business and community interests. The board shall consist of such numb…

Any business and industrial facility while owned by a governmental unit or by a voluntary, nonprofit corporation acting in behalf of the governmental unit is declared to be public property and shall be exempt from all taxes and special assessments of the state or any political su…