HB 1539-FN
authorizing electric utilities to issue AAA-rated bonds for the purpose of storm cost recovery and infrastructure resilience.
Official record at gencourt.state.nh.us ↗Open this bill in the searchable view → · Follow this bill by RSS
On the record
Quoted from the General Court bill status page, not worked out from the docket.
| Status | SIGNED BY GOVERNOR |
|---|---|
| In the House | PASSED/ADOPTED WITH AMENDMENT |
| In the Senate | PASSED/ADOPTED |
| Introduced | 1/7/2026 |
| Floor date | 2/19/2026 |
| LSR number | 2605 |
| Chapter | 0025 |
| Local government impact | no |
| Committee code | H34 |
Where it stands
House: PASSED/ADOPTED WITH AMENDMENT · Senate: PASSED/ADOPTED
Every floor vote on this bill was a voice or division vote, so there is no record of how individual legislators voted.
A bill goes on the consent calendar when the committee vote was unanimous or nearly so, and any members who dissented did not object to placing it there. It then passes without floor debate. Ten members may file a petition to pull a bill off the consent calendar and have it debated and voted on separately.
Sponsors
Avard, Kevin(R) Hills 12, Bernardy, JD(R) Rock 36, Harrington, Michael(R) Straf 18, Mooney, Maureen(R) Hills 12, Schneller, John(R) Hills 2, Thomas, Douglas(R) Rock 16, Watters, David(D) Straf 4
Prime sponsor in bold. From the General Court sponsor file.
What happened
Every action recorded in the official docket, in order. Each line ends with the journal or calendar that recorded it; where we have the document, that citation links to it.
- January 7, 2026Introduced 01/07/2026 and referred to Science, Technology and Energy
- January 29, 2026Public Hearing: 01/29/2026 09:30 am GP 158
- February 3, 2026Executive Session: 02/03/2026 03:00 pm GP 229
- February 9, 2026Committee Report: Ought to Pass with Amendment # 2026-0409h 02/03/2026 (Vote 18-0; RC)
- February 19, 2026Amendment # 2026-0409h: AA VV 02/19/2026
- February 19, 2026Ought to Pass with Amendment 2026-0409h: MA VV 02/19/2026
- February 19, 2026Referred to Finance 02/19/2026
- February 19, 2026Introduced 02/19/2026 and Referred to Energy and Natural Resources
- February 19, 2026Referral Waived by Committee Chair per House Rule 47(f) 02/19/2026
- March 10, 2026Hearing: 03/10/2026, Room 103, SH, 09:20 am
- March 18, 2026Committee Report: Ought to Pass with Amendment # 2026-1127s, 03/26/2026; Vote 5-0; CC
- March 26, 2026HB 1539 was Removed from the Consent Calendar; 03/26/2026
- March 26, 2026Committee Amendment # 2026-1127s, AF, VV; 03/26/2026
- March 26, 2026Ought to Pass: MA, VV; OT3rdg; 03/26/2026
- March 26, 2026Enrolled (in recess of) 03/26/2026
- April 17, 2026Signed by Governor Ayotte 04/15/2026; Chapter 25; eff. 04/15/2026
Votes
Roll call tallies and individual votes from the General Court roll call files. Presiding, excused and absent are shown separately: one member presides over each House roll call and does not vote except to break a tie.
Ought to Pass with Amendment 2026-0409h
Decided on a voice vote. Only the outcome was recorded — there is no count of how any member voted.
Ought to Pass
Decided on a voice vote. Only the outcome was recorded — there is no count of how any member voted.
Committee reports
Reproduced from the House Calendar in the committee’s own words.
Committee — OUGHT TO PASS WITH AMENDMENT
This bill is a straightforward measure that amends existing statutes to add storm recovery costs to the list of expenses the Public Utilities Commission (PUC) may allow utilities to securitize. Utilities have had to respond to numerous large and impactful storms over the past several years. This bill will provide utilities and regulators with a tool to limit the impact on customers’ electric bills associated with storm cost recovery. This bill would allow utilities to access lower cost financing options and extend the period of cost recovery, subject to PUC approval, thus reducing the burden that NH’s electric customers will experience on their energy bills. New Hampshire has used securitization in the past for other utility-related costs, such as the sale of generation assets to complete electric restructuring. This bill only applies to storm costs that the PUC has determined to be prudently incurred. Utilities must demonstrate that securitizing storm costs provides a meaningful benefit to customers, and the PUC must review and approve any proposals. The amendment changed the PUC review period from 60 to “a period not to exceed 180” days. Vote 18-0.
Hearings and recordings
Recordings are the General Court’s own, on YouTube. Start times are estimates unless stated otherwise, and the player opens early.
- January 29, 2026 at 09:30Science, Technology and Energy public hearing recording 0:03:14–1:13:03, about 70 min (estimated)
- February 3, 2026 at 15:00Science, Technology and Energy executive session recording 5:39:00–5:43:18, about 4 min (estimated)
- February 19, 2026House floor debate recording (start time not identified)
- March 10, 2026 at 09:20Energy and Natural Resources hearing recording (start time not identified)
- March 26, 2026Senate floor debate recording (start time not identified)
Page generated 2026-09-03 from data published by the New Hampshire General Court. Granite Record is an independent project, not affiliated with the General Court. The official record always takes precedence. Corrections: [email protected]