HB 1042 (2026): relative to the cap on outstanding obligations for which the housing finance authority is allowed.

HB 1042 (2026)

relative to the cap on outstanding obligations for which the housing finance authority is allowed.

• Status: Signed into law
• Term: 2025-2026
• House committee: Finance
• Senate committee: Finance
• Subject: Housing
• Chapter law: 320

The Story

It was introduced on January 7, 2026 and referred to the House Finance committee. The committee held a public hearing on January 30, 2026, with 6 people signed in online: 6 in opposition. The committee held work sessions on February 9, 2026 and February 20, 2026. The committee met in executive session on February 20, 2026 to vote on its recommendation. The majority recommended that the House pass it with changes (amendment 2026-0859h), and the minority recommended that the House kill it, by a vote of 16–9. The report was placed on the regular calendar. The committee's amendment (2026-0859h) was adopted on a voice vote on March 11, 2026, changing the text of the bill. On March 11, 2026 the House voted to pass it with changes on a division vote 175–141. It crossed to the Senate on March 12, 2026 and was referred to the Senate Finance committee. The committee held a public hearing on March 24, 2026. The committee held a public hearing on April 7, 2026 on a proposed non-germane amendment (2026-1285s). The committee voted unanimously, 6–0, to recommend that the Senate pass it with changes (amendment 2026-1388s), and the report was placed on the consent calendar. The committee's amendment (2026-1388s) was adopted on a voice vote on April 16, 2026, changing the text of the bill. On April 16, 2026 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On May 7, 2026 the House adopted “House Non-Concurs with Senate Amendment 2026-1388s” on a voice vote, on a motion by Rep. Kenneth Weyler. On May 7, 2026 the Senate adopted “Accedes to House Request for Committee of Conference” on a voice vote, on a motion by Sen. James Gray. A committee of conference met on May 26, 2026 to try to settle the differences between the two chambers' versions of the bill. The Senate adopted the conference report (2026-2071c) on a voice vote. On June 4, 2026 the House adopted the conference report (2026-2071c) on a voice vote. The bill was enrolled on June 4, 2026 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2026-2182e) was adopted on a voice vote to correct technical errors found after passage. The governor signed it on July 15, 2026, making it Chapter 320 of the session laws.

Sponsors

• Rep. Joe Sweeney (R - Rock 25) (prime sponsor)
• Sen. Daryl Abbas (R - SD22)

Hearings and Sessions

• January 30, 2026, 10:00 AM: public hearing, House Finance, GP 230
• February 9, 2026, 10:00 AM: work session, House Finance, GP 234
• February 20, 2026, 11:00 AM: work session, House Finance, GP 230
• February 20, 2026, 2:30 PM: executive session, House Finance, GP 230
• March 11, 2026: floor debate, House
• March 24, 2026, 1:30 PM: hearing, Senate Finance, SH 103
• April 7, 2026, 1:16 PM: hearing, Senate Finance, SH 103
• April 16, 2026: consent calendar, Senate
• May 7, 2026: floor debate, House
• May 26, 2026, 1:00 PM: committee of conference, GP 228

Votes

• March 11, 2026, House: Ought to Pass with Amendment 2026-0859h — yeas 175, nays 141, passed
• April 16, 2026, Senate: Ought to Pass with Amendment # 2026-1388s — voice vote, passed
• May 7, 2026, House: House Non-Concurs with Senate Amendment 2026-1388s — voice vote, passed
• May 7, 2026, Senate: Accedes to House Request for Committee of Conference — voice vote, passed
• May 29, 2026, Senate: Adopt Conference Committee Report — voice vote, passed
• June 4, 2026, House: Adopt Conference Committee Report — voice vote, passed

The Docket

Laws It Would Change

• RSA 204-C:28

From the General Court

• Bill text
• Bill status page
• Docket
• HJ 1, page 3
• HC 10, page 47
• HJ 7, page 173
• SJ 7
• SC 11
• SC 13
• SC 14
• SJ 9
• HJ 12, page 39
• SJ 12
• SJ 14
• HJ 15, pages 12, 52 and 56
• SJ 15