HB 1187 - FINAL VERSION 28Mar2024...

1229h 05/23/2024 2155s SESSION 24-2076 02/10 HOUSE BILL 1187 AN ACT relative to prohibiting lease agreements of equipment for building or facility improvements.

SPONSORS:

Rep.

Pauer, Hills.

36;

Rep.

Piemonte, Rock.

9;

Rep.

Notter, Hills.

12;

Rep.

R.

Brown, Carr.

3;

Rep.

Lewicke, Hills.

36;

Rep.

Erf, Hills.

28;

Avard,Watters, Dist 124 COMMITTEE:May 22, 2024 2024-2155s 02/06 Floor Amendment to HB 1187 Amend the bill by replacing all after the enacting clause with the following:

Municipal3 and1 CountyLease GovernmentAgreements ───────────────────────────────────────────────────────────────── AMENDED ANALYSIS This bill specifies that building or facility improvements that become fixtures related to the installation, purpose, or operation of leasedEquipment. equipment shall not be financed through lease agreements.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Explanation:

Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.] Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

HB 1187 - FINAL VERSION 28Mar2024...

1229h 05/23/2024 2155s 24-2076 02/10 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty Four AN ACT relative to prohibiting lease agreements of equipment for building or facility improvements.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Lease Agreements of Equipment.

VETOED July 26, 2024 | Veto Sustained October 10, 2024