Hi Yankee...thanks for your thoughts.
But if I follow your logic you remind me of yet another point made to me by dear ol' Grand Dad....two wrongs don't make a right!  
 
Actually a kind reader who has chosen not to get involved because of the nastiness this type of discussion seems to attract has forwarded me a list of all of the sponsors and "friends" of this bill, along with the proposed legislation itself. I will note that soon after I posted my questions I received an email from the SBONH President questioning the motives of my post, but no offer to answer the questions I posed. 
And what did I find? One politician that lives in Barnstead, another in Gilmanton. Neither abutting the Lake in question. And the rest? Two from Goffstown, others from Londonderry, Andover, Merrimack, Bristol and Rochester. I would hardly call them "Winni" representatives.
Where are the sponsors from the immediate Lake Winnipesaukee area? Surely if there is no support from the Lakes Region for the current SL law then SBONH should have lined up a bevy of Lakes Region legislators to co-sponsor or "friend" this Bill?
But they haven't, as of yet anyway.
I will print the propsed legislation below, but I want to point out another clever trick employed in the press release. The usage of the term "enhanced modification", whatever that is supposed to mean.
In actuality it is a "repeal" of the current speed limits. But "repeal" isn't a nice enough PC term when you are flying in under the radar.
Look closely at the verbiage for the bill...while it is cleverly called "Safety Enhancement Bill" the first line thereafter clearly states 
"...RSA 270-D X is repealed and replaced with the following..."
I guess "safety enhancement" is much sexier then plainly stating "repeal and replace".
When I voted this particular fall I didn't vote along party lines, I voted to end the foolishness and doublespeak the occurs daily in our poltical houses in the name of doing business. The particular "doublespeak" press release by SBONH, with failure to inform the public of the entire story, smacks of what I stand against, even with my robe on!
Oh, and the proposed bill? ITL....Inexpedient to Legislate. The vague paramaters of the language make employment of the proposed legislation completely subjective and solely based on the opinion of the enforcing officer. In reality it is but a loose copy of the present Reckless Operation statute, a law rarely enforced again do to its vagueness and subjective nature.
I think there is a better way to address the speed issues on Lake Winnipesaukee and all other NH water bodies. I myself do not have the answer, but I know a pig in a poke when I see one, and this pig (legislation) is squealing at the top of its lungs. 
Anyway, courtesy of a concerned citizen here is the proposed legislation:
SAFETY ENHANCEMENT BILL
RSA 270-D X is repealed and replaced with the  following:
X. (a) Every vessel shall at all times proceed at a  safe speed that is reasonable and prudent under the existing conditions and  without regard for the actual and potential hazards then existing so that  she can take proper and effective action to avoid endangering or  colliding with any person, vessel, object, or shore and be stopped within  a distance appropriate to the prevailing circumstances and  conditions.
In determining a safe speed the following factors shall be  among those taken into account:
(b) By all vessels:
i. The state  of visibility;
ii. The traffic density including concentrations of fishing  vessels or any other vessels; iii. The manageability of the vessel with  special reference to stopping distance and turning ability in the  prevailing conditions; iv. At night, the presence of background light such  as from shore lights or from back scatter from her own lights; v. The  state of wind, sea and current, and the proximity of navigational  hazards; vi. The draft in relation to the available depth of  water.
(c)Additionally, by vessels with operational radar:
i. The  characteristics, efficiency and limitations of the radar equipment; ii. Any  constraints imposed by the radar range scale in use; iii. The effect on  radar detection of the sea state, weather and other sources of  interference; iv. The possibility that small vessels, ice and other  floating objects may not be detected by radar at an adequate range; v.  The number, location and movement of vessels detected by radar; vi. The  more exact assessment of the visibility that may be possible when radar is  used to determine the range of vessels or other objects in the  vicinity.
(d) The speed limitations set forth shall not apply to  vessels when operated with due regard for safety under the direction of the  peace officers in the chase or apprehension of violators of the law or  of persons charged with, or suspected of, any such violation, nor to  fire department or fire patrol vessels, nor to private emergency  vessels when traveling to emergencies. This exemption shall not,  however, protect the operator of any such vessel from the consequences of  a reckless disregard of the safety of others.
(e) Any conviction  under this section shall be reported to the commissioner of the department  of safety, division of motor vehicles, and shall become a part of the motor  vehicle driving record of the person convicted and a fine of not less than  $250 for a first offense, $500 for a second offense and a $1,000 fine and  mandatory boating certificate suspension hearing before the Dept. of Safety  for conviction of a third offense.  Such a hearing of suspension of  a boating certificate shall be held if the conviction of the  third offense occurs within a five (5) year period of previous  convictions under this section.