RSA 21-L:20 State Infrastructure Bank.
Title: I - THE STATE AND ITS GOVERNMENT
Chapter: 21-L - DEPARTMENT OF TRANSPORTATION
I. There is hereby established a state infrastructure bank (SIB), in accordance with 23 U.S.C. section 610, to advance the surface transportation system by serving as a revolving loan program to finance eligible surface transportation projects within the state of New Hampshire, in order to advance projects at an accelerated rate with favorable repayment terms. The loan repayments shall create a stream of revenue that the SIB will use to support new projects geared towards surface transportation infrastructure that leverages economic development opportunities. The purpose of the SIB is to leverage state and federal funds, accelerate priority projects, and advance economic development and local transportation needs.
II. The SIB shall be used to encourage completion of public or