(a) Any project for the reconditioning of equipment shall:
- (1) Be limited to class 3, 4, and 5 tractors;
- (2) For snow grooming equipment, have a minimum of 3,000 hours of operation from date of purchase, or be a minimum of 7 years of age from date of purchase. For summer grading equipment, have 1,200 hours of operation from date of purchase, or be a minimum of 7 years of age from date of purchase;
- (3) For previously reconditioned snow grooming equipment, have an additional 1,700 hours of operation and for previously reconditioned summer grading equipment have an additional 600 hours of operation;
(4) Include a detailed description of the equipment to be submitted with the application that provides:
- a. The year of manufacture;
- b. The make of the equipment;
- c. Engine size;
- d. Fuel type; and
- e. Optional equipment;
(5) Include a letter of justification for reconditioning the equipment to be submitted with the application that provides:
- a. A list of currently owned equipment;
- b. The condition of the equipment; and
- c. Any repair costs for the equipment;
- (6) Include a quote from an authorized manufacturer’s representative including the representative’s address and telephone number to be submitted with the application; and
- (7) Include an agreement by the applicant to maintain equipment reconditioned through the GIA program in good mechanical condition.
- (b) Applicants shall retain and operate any equipment reconditioned through the GIA program for a minimum of 3 years, and 800 hours, from date of reconditioning, in addition to the requirements of Ncr 844.05, before selling or trading the equipment. Applicants that sell or trade grooming equipment within 3 years, and less than 800 hours of operation, of a reconditioning grant shall reimburse the state of New Hampshire GIA program 50% of the reconditioning grant value.
(c) The state of New Hampshire shall retain an interest in the form of a lien on any and all equipment reconditioned through the GIA program. The bureau shall file a financing statement with the secretary of state pursuant to RSA 382-A:9-501 through RSA 382-A:9-529. The financing statement shall:
- (1) Describe the equipment subject to the lien;
- (2) Identify the applicant that owns the equipment; and
- (3) Identify the state of New Hampshire as the secured party.
Source. #14293, eff 6-25-25, EXPIRES: 6-25-35