New Hampshire Statutes

§ 6-C:2 — Affordable Debt Limit

New Hampshire § 6-C:2
JurisdictionNew Hampshire
Title ITHE STATE AND ITS GOVERNMENT
Ch. 6-CDEBT MANAGEMENT

This text of New Hampshire § 6-C:2 (Affordable Debt Limit) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.H. Rev. Stat. Ann. § 6-C:2 (2026).

Text

I.The general court shall not authorize any additional net tax supported debt of the state if the projected annual debt service, as certified by the treasurer and filed with the legislative budget assistant, on such additional net tax supported debt, when added to the prior projected and actual annual debt service on any previously authorized net tax supported debt, both issued and unissued, exceeds 10 percent of the unrestricted general fund revenues for the previous fiscal year.
II.The general court may only exceed the ceiling in paragraph I by a 3/5 vote of each house present and voting. Such 3/5 vote shall only apply to votes on final passage and adoption of committee of conference reports.

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Legislative History

1991, 335:1. 1992, 289:62, eff. June 17, 1992.

Nearby Sections

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Bluebook (online)
New Hampshire § 6-C:2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/6-C/6-C%3A2.