HB 1495 — allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
Last action — Signed by Governor Ayotte 06/12/2026; Chapter 133; eff. 06/12/2026
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced December 10, 2025. Enacted.
Signed by Governor Kelly Ayotte (Republican) on June 22, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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7 sponsors
1 primary, 6 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (6 R · 1 D) — cross-party backing.
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Cleared a recorded vote
Passed 1 recorded vote so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill allows reimbursement anticipation notes to be used as collateral under certain conditions.
This legislation permits reimbursement anticipation notes, which are financial instruments, to be utilized as collateral in specific situations. This change aims to provide more flexibility in financial transactions involving these notes.
Summary
allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
Bill Text
What changed in the latest version
16 added · 13 removedPlain-language change summary
The updated version of Bill HB 1495 allows school districts to borrow funds and treat those borrowed amounts as revenue, as long as they are used for the same purposes as expected funds. The key change is that the revised bill includes additional clarification about the borrowing process and ensures that these borrowed funds are not subject to the usual debt limits that apply to other types of borrowing. This matters because it gives school districts more flexibility in managing their finances, especially for expenses that they anticipate in the future, helping them to maintain stable funding for education.
CHAPTER 133 HB 1495 - VERSIONFINAL ADOPTEDVERSION BY BOTH BODIES SESSION 26-2411 07/08 HOUSE BILL 1495 AN ACT allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
CHAPTER 133 HB 1495 - VERSIONFINAL ADOPTEDVERSION BY BOTH BODIES 26-2411 07/08 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty-Six AN ACT allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
1133:1 Education;
2133:2 Effective Date.
Approved:
June 12, 2026 Effective Date:
June 12, 2026
View plain text versions (3)
- Chaptered CHAPTERED FINAL VERSION Current pdf
- Version adopted by both bodies View text pdf
- Introduced View text pdf
Action History
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Signed by Governor Ayotte 06/12/2026; Chapter 133; eff. 06/12/2026
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Enrolled Adopted, VV, (In recess 05/21/2026); SJ 14
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Enrolled (in recess of) 05/21/2026 HJ 14
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Ought to Pass: MA, VV; OT3rdg; 04/23/2026; SJ 10
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Committee Report: Ought to Pass, 04/23/2026; Vote 4-0; CC; SC 15
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Hearing: 04/01/2026, Room 100, SH, 01:10 pm; SC 12
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==CANCELLED== Hearing: 03/18/2026, Room 100, SH, 01:00 pm; SC 10
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Introduced 03/05/2026 and Referred to Education Finance; SJ 6
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Ought to Pass: MA RC 185-162 03/05/2026 HJ 6 P. 53
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Minority Committee Report: Inexpedient to Legislate
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Majority Committee Report: Ought to Pass 02/17/2026 (Vote 10-8; RC) HC 9 P. 34
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Executive Session: 02/17/2026 10:00 am GP 232
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==ROOM CHANGE== Public Hearing: 01/27/2026 10:00 am GP 234
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Introduced 01/07/2026 and referred to Education Funding HJ 1 P. 22
Sponsors
- Victoria Sullivan · Cosponsor
- Daniel Popovici-Muller · Cosponsor
- Walter Spilsbury · Cosponsor
- Daniel Innis · Cosponsor
- Hope Damon · Cosponsor
- Raymond Peeples · Cosponsor
- Rick Ladd · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 6 co-sponsors · 408 not signed on · 152 voted No
Sponsors (1)
- Rick Ladd Republican
Co-sponsors (6)
- Victoria Sullivan Republican
- Daniel Popovici-Muller Republican
- Walter Spilsbury Republican
- Daniel Innis Republican
- Hope Damon Democrat Voted No
- Raymond Peeples Republican
Not signed on (408)
408 members have not signed on to this bill.
Show all 408 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 176 | 3 | 0 | 26 |
| Democrat | 0 | 150 | 0 | 16 |
| Unaffiliated | 7 | 2 | 0 | 0 |
| Independent | 0 | 0 | 0 | 1 |
| Total | 183 | 155 | 0 | 43 |
| % of votes cast | 48% | 41% | 0% | 11% |
How each member voted (381)
| Member | Party | Vote |
|---|---|---|
| Susan C DeLemus | — | Yea |
| Thomas L Kaczynski | — | Yea |
| Kimberly A Rice | — | Yea |
| Lisa M Freeman | — | Yea |
| Paul P Dargie | — | Nay |
| Patrick N Long | — | Nay |
| Matt R Sabourin dit Choinière | — | Yea |
| Gary L. Daniels | — | Yea |
| Tom D Mannion | — | Yea |
| Alexis Simpson | Democrat | Nay |
| Alice Wade | Democrat | Nay |
| Alicia Gregg | Democrat | Not Voting |
| Alissandra Murray | Democrat | Nay |
| Allan Howland | Democrat | Nay |
| Allison Knab | Democrat | Nay |
| Amy Malone | Democrat | Not Voting |
| Anita Burroughs | Democrat | Nay |
| Barry Faulkner | Democrat | Nay |
| Beth Richards | Democrat | Nay |
| Bill Bolton | Democrat | Nay |
| Billie Butler | Democrat | Nay |
| Brian Sullivan | Democrat | Nay |
| Buzz Scherr | Democrat | Nay |
| Carrie Sorensen | Democrat | Nay |
| Carry Spier | Democrat | Nay |
| Cassandra Levesque | Democrat | Nay |
| Catherine Rombeau | Democrat | Nay |
| Catherine Sofikitis | Democrat | Nay |
| Cathryn Harvey | Democrat | Nay |
| Chris McAleer | Democrat | Nay |
| Chris Muns | Democrat | Nay |
| Christal Lloyd | Democrat | Nay |
| Christine Seibert | Democrat | Nay |
| Christopher Herbert | Democrat | Nay |
| Connie Lane | Democrat | Nay |
| Dale Swanson | Democrat | Nay |
| Dan Bergeron | Democrat | Nay |
| Daniel LeClerc | Democrat | Nay |
| Daniel Veilleux | Democrat | Nay |
| David Fracht | Democrat | Nay |
| David Luneau | Democrat | Nay |
| David Meuse | Democrat | Nay |
| David Nagel | Democrat | Not Voting |
| David Paige | Democrat | Nay |
| David Preece | Democrat | Nay |
| Dennis Malloy | Democrat | Nay |
| Dick Ames | Democrat | Nay |
| Dru Fox | Democrat | Nay |
| Efstathia Booras | Democrat | Nay |
| Eileen Kelly | Democrat | Nay |
| Eleana Colby | Democrat | Nay |
| Ellen Read | Democrat | Not Voting |
| Ellen Rockmore | Democrat | Nay |
| Eric Gallager | Democrat | Nay |
| Eric Turer | Democrat | Nay |
| Erica de Vries | Democrat | Nay |
| Erik Johnson | Democrat | Nay |
| Erin Kerwin | Democrat | Nay |
| Fred Davis | Democrat | Nay |
| Gaby Grossman | Democrat | Not Voting |
| Gary Gilmore | Democrat | Nay |
| Gary Woods | Democrat | Nay |
| Geoffrey Smith | Democrat | Not Voting |
| George Sykes | Democrat | Nay |
| Gerald Ward | Democrat | Nay |
| Gregory Sargent | Democrat | Nay |
| Heath Howard | Democrat | Nay |
| Heather Baldwin | Democrat | Nay |
| Heather Raymond | Democrat | Nay |
| Hope Damon | Democrat | Nay |
| James Gruber | Democrat | Nay |
| James MacKay | Democrat | Not Voting |
| James Newsom | Democrat | Nay |
| James Roesener | Democrat | Not Voting |
| Janet Lucas | Democrat | Nay |
| Janet Wall | Democrat | Nay |
| Jared Sullivan | Democrat | Nay |
| Jean Jeudy | Democrat | Nay |
| Jennifer Mandelbaum | Democrat | Nay |
| Jerry Stringham | Democrat | Nay |
| Jessica Grill | Democrat | Not Voting |
| Jessica LaMontagne | Democrat | Nay |
| Jim Maggiore | Democrat | Nay |
| Jim Snodgrass | Democrat | Nay |
| Jodi Newell | Democrat | Nay |
| John Cloutier | Democrat | Nay |
| John Larochelle | Democrat | Nay |
| John Stone | Democrat | Not Voting |
| Jonah Wheeler | Democrat | Nay |
| Julie Gilman | Democrat | Nay |
| Karen Ebel | Democrat | Nay |
| Karen Hegner | Democrat | Nay |
| Kat McGhee | Democrat | Nay |
| Kathy Staub | Democrat | Nay |
| Kris Schultz | Democrat | Nay |
| Laura Telerski | Democrat | Nay |
| Laurel Stavis | Democrat | Nay |
| Lee Ann Kluger | Democrat | Nay |
| Lily Foss | Democrat | Nay |
| Linda DiSilvestro | Democrat | Nay |
| Linda Harriott-Gathright | Democrat | Nay |
| Linda Ryan | Democrat | Nay |
| Loren Foxx | Democrat | Nay |
| Loren Selig | Democrat | Nay |
| Louis Juris | Democrat | Nay |
| Lucius Parshall | Democrat | Nay |
| Lucy Weber | Democrat | Nay |
| Luz Bay | Democrat | Nay |
| Manoj Chourasia | Democrat | Nay |
| Marc Plamondon | Democrat | Nay |
| Marjorie Smith | Democrat | Nay |
| Mark MacKenzie | Democrat | Nay |
| Mark Paige | Democrat | Nay |
| Mark Vallone | Democrat | Nay |
| Martin Jack | Democrat | Nay |
| Mary Georges | Democrat | Nay |
| Mary Hakken-Phillips | Democrat | Nay |
| Mary Jane Wallner | Democrat | Nay |
| Matthew Hicks | Democrat | Nay |
| Matthew Wilhelm | Democrat | Nay |
| Megan Murray | Democrat | Nay |
| Merryl Gibbs | Democrat | Not Voting |
| Michael Cahill | Democrat | Nay |
| Michael Edgar | Democrat | Nay |
| Molly Howard | Democrat | Nay |
| Muriel Hall | Democrat | Nay |
| Myles England | Democrat | Not Voting |
| Nancy Murphy | Democrat | Nay |
| Ned Raynolds | Democrat | Nay |
| Nicholas Germana | Democrat | Nay |
| Nicole Leapley | Democrat | Not Voting |
| Paige Beauchemin | Democrat | Nay |
| Patricia Cornell | Democrat | Nay |
| Paul Berch | Democrat | Nay |
| Peggy Balboni | Democrat | Nay |
| Peter Bixby | Democrat | Nay |
| Peter Leishman | Democrat | Nay |
| Peter Lovett | Democrat | Not Voting |
| Peter Petrigno | Democrat | Nay |
| Peter Schmidt | Democrat | Nay |
| Philip Jones | Democrat | Nay |
| Ray Newman | Democrat | Nay |
| Rosemarie Rung | Democrat | Nay |
| Russell Muirhead | Democrat | Nay |
| Sallie Fellows | Democrat | Nay |
| Samantha Jacobs | Democrat | Nay |
| Sanjeev Manohar | Democrat | Nay |
| Santosh Salvi | Democrat | Nay |
| Seth Miller | Democrat | Nay |
| Stephanie Grund | Democrat | Nay |
| Stephanie Payeur | Democrat | Not Voting |
| Stephen Woodcock | Democrat | Nay |
| Sue Newman | Democrat | Nay |
| Susan Almy | Democrat | Nay |
| Susan Elberger | Democrat | Nay |
| Suzanne Chretien | Democrat | Nay |
| Terri O'Rorke | Democrat | Nay |
| Terry Spahr | Democrat | Nay |
| Thomas Buco | Democrat | Not Voting |
| Thomas Cormen | Democrat | Nay |
| Thomas Schamberg | Democrat | Nay |
| Thomas Southworth | Democrat | Nay |
| Timothy Horrigan | Democrat | Nay |
| Timothy Soucy | Democrat | Nay |
| Toni Weinstein | Democrat | Nay |
| Tony Caplan | Democrat | Nay |
| Tracy Bricchi | Democrat | Nay |
| Trinidad Tellez | Democrat | Nay |
| Wayne Burton | Democrat | Nay |
| Wayne Pearson | Democrat | Nay |
| Wendy Thomas | Democrat | Nay |
| Will Darby | Democrat | Nay |
| William Dolan | Democrat | Nay |
| William Palmer | Democrat | Nay |
| Zoe Manos | Democrat | Nay |
| Aidan Ankarberg | Independent | Not Voting |
| Aboul Khan | Republican | Yea |
| Adam Presa | Republican | Yea |
| Alvin See | Republican | Yea |
| Andrew Prout | Republican | Yea |
| Arnold Davis | Republican | Yea |
| Barbara Comtois | Republican | Yea |
| Bill Boyd | Republican | Yea |
| Bill Ohm | Republican | Yea |
| Bob Lynn | Republican | Yea |
| Brian Cole | Republican | Yea |
| Brian Labrie | Republican | Yea |
| Brian Nadeau | Republican | Yea |
| Brian Seaworth | Republican | Yea |
| Brian Taylor | Republican | Nay |
| Bryan Morse | Republican | Not Voting |
| Calvin Beaulier | Republican | Yea |
| Carol McGuire | Republican | Yea |
| Catherine Kenny | Republican | Yea |
| Charles Foote | Republican | Yea |
| Charles McMahon | Republican | Yea |
| Charles Melvin | Republican | Yea |
| Cindy Bennett | Republican | Yea |
| Claudine Burnham | Republican | Yea |
| Clayton Wood | Republican | Yea |
| Cyril Aures | Republican | Yea |
| Dale Girard | Republican | Nay |
| Dan McGuire | Republican | Yea |
| Daniel Popovici-Muller | Republican | Yea |
| Darrell Louis | Republican | Yea |
| David Love | Republican | Yea |
| David Lundgren | Republican | Yea |
| David Milz | Republican | Yea |
| David Walker | Republican | Yea |
| Deborah Aylward | Republican | Yea |
| Debra DeSimone | Republican | Yea |
| Denis Murphy | Republican | Yea |
| Denise DeDe-Poulin | Republican | Yea |
| Dennis Mannion | Republican | Yea |
| Diane Kelley | Republican | Yea |
| Diane Pauer | Republican | Yea |
| Dick Thackston | Republican | Yea |
| Dillon Dumont | Republican | Yea |
| Donald McFarlane | Republican | Yea |
| Donald Selby | Republican | Not Voting |
| Douglas Thomas | Republican | Yea |
| Douglas Trottier | Republican | Not Voting |
| Erica Layon | Republican | Yea |
| Ernesto Gonzalez | Republican | Yea |
| George Grant | Republican | Yea |
| Gerald Griffin | Republican | Yea |
| Glen Aldrich | Republican | Yea |
| Glenn Bailey | Republican | Yea |
| Gregory Hill | Republican | Yea |
| Henry Giasson | Republican | Yea |
| JD Bernardy | Republican | Yea |
| Jack Flanagan | Republican | Yea |
| James Creighton | Republican | Yea |
| James Guzofski | Republican | Yea |
| James Qualey | Republican | Yea |
| James Spillane | Republican | Yea |
| James Summers | Republican | Not Voting |
| James Thibault | Republican | Yea |
| James Tierney | Republican | Not Voting |
| Jason Osborne | Republican | Yea |
| Jay Markell | Republican | Yea |
| Jeanine Notter | Republican | Yea |
| Jeffrey Tenczar | Republican | Not Voting |
| Jennifer Rhodes | Republican | Yea |
| Jeremy Slottje | Republican | Yea |
| Jess Edwards | Republican | Yea |
| Jim Fedolfi | Republican | Yea |
| Jim Kofalt | Republican | Yea |
| Jodi Nelson | Republican | Not Voting |
| Joe Alexander | Republican | Yea |
| Joe Sweeney | Republican | Yea |
| John Hunt | Republican | Yea |
| John Janigian | Republican | Yea |
| John Leavitt | Republican | Yea |
| John MacDonald | Republican | Yea |
| John Potucek | Republican | Yea |
| John Schneller | Republican | Yea |
| John Sellers | Republican | Yea |
| John Suiter | Republican | Not Voting |
| John Sytek | Republican | Yea |
| Jonathan Smith | Republican | Yea |
| Jordan Ulery | Republican | Yea |
| Jose Cambrils | Republican | Yea |
| Joseph Barton | Republican | Yea |
| Joseph Guthrie | Republican | Nay |
| Joseph Hamblen | Republican | Yea |
| Judy Aron | Republican | Yea |
| Julie Miles | Republican | Yea |
| Juliet Harvey-Bolia | Republican | Not Voting |
| Julius Soti | Republican | Yea |
| Karel Crawford | Republican | Yea |
| Katelyn Kuttab | Republican | Yea |
| Katherine Prudhomme-O'Brien | Republican | Yea |
| Kathleen Paquette | Republican | Not Voting |
| Katy Peternel | Republican | Not Voting |
| Keith Ammon | Republican | Yea |
| Keith Erf | Republican | Yea |
| Kelley Potenza | Republican | Yea |
| Kenneth Weyler | Republican | Yea |
| Kevin Scully | Republican | Yea |
| Kevin Verville | Republican | Not Voting |
| Kristin Noble | Republican | Yea |
| Kristine Perez | Republican | Yea |
| Larry Gagne | Republican | Yea |
| Laurence Miner | Republican | Yea |
| Len Turcotte | Republican | Yea |
| Lex Berezhny | Republican | Yea |
| Lilli Walsh | Republican | Yea |
| Linda Franz | Republican | Not Voting |
| Linda Gould | Republican | Yea |
| Linda McGrath | Republican | Yea |
| Lino Avellani | Republican | Yea |
| Lisa Mazur | Republican | Yea |
| Lisa Post | Republican | Yea |
| Liz Barbour | Republican | Yea |
| Lori Korzen | Republican | Yea |
| Lorie Ball | Republican | Not Voting |
| Louise Andrus | Republican | Yea |
| Marc Tremblay | Republican | Yea |
| Margaret Drye | Republican | Yea |
| Marie Louise Bjelobrk | Republican | Yea |
| Mark McLean | Republican | Yea |
| Mark Pearson | Republican | Yea |
| Mark Proulx | Republican | Yea |
| Mark Warden | Republican | Yea |
| Mary Ford | Republican | Yea |
| Mary Murphy | Republican | Yea |
| Matt Drew | Republican | Not Voting |
| Matthew Coker | Republican | Not Voting |
| Matthew Pitaro | Republican | Yea |
| Maureen Mooney | Republican | Yea |
| Melissa Litchfield | Republican | Yea |
| Michael Aron | Republican | Yea |
| Michael Granger | Republican | Yea |
| Michael Harrington | Republican | Yea |
| Michael Moffett | Republican | Yea |
| Mike Belcher | Republican | Yea |
| Mike Bordes | Republican | Not Voting |
| Mike Drago | Republican | Yea |
| Mike Ouellet | Republican | Yea |
| Nicholas Bridle | Republican | Yea |
| Pam Brown | Republican | Yea |
| Paul Terry | Republican | Yea |
| Paul Tudor | Republican | Yea |
| Pete Morency | Republican | Yea |
| Peter Mehegan | Republican | Yea |
| Peter Varney | Republican | Not Voting |
| Phyllis Katsakiores | Republican | Yea |
| Pierre Dupont | Republican | Yea |
| Ralph Boehm | Republican | Yea |
| Raymond Peeples | Republican | Yea |
| Raymond Plante | Republican | Yea |
| Rich Nalevanko | Republican | Yea |
| Richard Brown | Republican | Yea |
| Richard Lascelles | Republican | Yea |
| Richard Tripp | Republican | Yea |
| Riché Colcombe | Republican | Yea |
| Rick Ladd | Republican | Yea |
| Ricky Devoid | Republican | Yea |
| Rita Mattson | Republican | Yea |
| Robert Harb | Republican | Yea |
| Robert Wherry | Republican | Yea |
| Robley Hall | Republican | Yea |
| Ron Dunn | Republican | Yea |
| Ross Berry | Republican | Yea |
| Russell Dumais | Republican | Not Voting |
| Samuel Farrington | Republican | Yea |
| Sayra DeVito | Republican | Yea |
| Scott Bryer | Republican | Yea |
| Sean Durkin | Republican | Yea |
| Seth King | Republican | Yea |
| Shane Sirois | Republican | Yea |
| Sheri Minor | Republican | Not Voting |
| Sherman Packard | Republican | Not Voting |
| Sherri Reinfurt | Republican | Yea |
| Skip Rollins | Republican | Yea |
| Sly Karasinski | Republican | Yea |
| Stephen Boyd | Republican | Yea |
| Stephen Pearson | Republican | Yea |
| Steven Bogert | Republican | Yea |
| Steven Kesselring | Republican | Yea |
| Steven Smith | Republican | Not Voting |
| Susan DeRoy | Republican | Yea |
| Susan Porcelli | Republican | Yea |
| Susan Vandecasteele | Republican | Not Voting |
| Tanya Donnelly | Republican | Yea |
| Ted Gorski | Republican | Yea |
| Terry Roy | Republican | Yea |
| Thomas Walsh | Republican | Not Voting |
| Tim Mannion | Republican | Not Voting |
| Tom Dolan | Republican | Yea |
| Tom Ploszaj | Republican | Yea |
| Travis Corcoran | Republican | Yea |
| Travis Toner | Republican | Not Voting |
| Valerie McDonnell | Republican | Yea |
| Vanessa Sheehan | Republican | Yea |
| Vicki Wilson | Republican | Yea |
| Walter Spilsbury | Republican | Yea |
| Wayne Hemingway | Republican | Yea |
| Wayne MacDonald | Republican | Yea |
| Yury Polozov | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 1495 do?
- allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
- Who sponsors HB 1495?
- HB 1495 is sponsored by Victoria Sullivan (Republican), Daniel Popovici-Muller (Republican), Walter Spilsbury (Republican), Daniel Innis (Republican), Hope Damon (Democrat), Raymond Peeples (Republican), and Rick Ladd (Republican).
- What is the current status of HB 1495?
- This bill has been enacted into law. Introduced December 10, 2025. Enacted.
- Where can I track HB 1495?
- Track HB 1495 free on One Click Politics — get push/email alerts when it moves.
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