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HB 372 · 2025 · House · Municipal and County Government Committee

Equipment lease rules for buildings

AI-generated

relative to lease agreements of equipment for building or facility improvements.

Specifies that building or facility improvements that become fixtures may not be financed under the statutory provisions governing equipment lease agreements.AI-generated

Status

Died on the table in the House · March 27, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill specifies that building or facility improvements that become fixtures shall not be financed under the section for leased agreements of equipment.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Diane PauerRPrimeChair· Municipal and County Government
  • Rep. Ross BerryRChair· Election Law
  • Rep. Karel CrawfordRClerk· Transportation
  • Rep. Juliet Harvey-BoliaRDeputy Majority Floor Leader
  • Rep. Jeanine NotterRAssistant Majority Leader
  • Sen. Kevin AvardRDeputy Majority Whip
  • Sen. Bill GannonRChair· Judiciary

Also: Rep. Scott BryerR, Rep. Keith ErfR, Rep. Maureen MooneyR, Rep. Matthew PitaroR

Public testimony

43 signed in online · 7 wrote testimony

7% support93% oppose0% neutral

In their wordsVerbatim, exactly as submitted

This bill would hurt energy performance contracting and energy efficiency projects which help our municipalities and schools save money by reducing their utility costs and tax payer burdens with budget neutral solutions that address deferred maintenance costs.
Bill Garbati, Meredithopposes
Governor Sununu vetoed this last year. Municipalities should be encouraged to purchase clean energy.
Karen Contos, Merrimackopposes
Why would you want to limit municipalities from being able to bundle improvement costs into their leases, forcing them to find alternative, likely more expensive ways to finance these improvements? Please let municipalities keep this important budgeting capability.
Margaret Fletcher, Concordopposes

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-03-039:00 amHouse Municipal and County GovernmentLOB 301-303Public hearing
  • 2025-03-109:30 amHouse Municipal and County GovernmentLOB 301-303Public hearing

Legislative history

  1. Jan 8, 2025HouseIntroduced 01/08/2025 and referred to Municipal and County Government HJ 2 P. 17
  2. Mar 3, 2025HousePublic Hearing: 03/03/2025 10:30 am LOB 301-303
  3. Mar 10, 2025HouseExecutive Session: 03/10/2025 09:30 am LOB 301-303
  4. Mar 10, 2025HouseMajority : Ought to Pass 03/10/2025 (Vote 10-8; RC) HC 17 P. 62
  5. Mar 19, 2025HouseMinority : Inexpedient to Legislate
  6. Mar 27, 2025HouseLay HB372 on Table (Rep. Stavis): MA DV 196-162 03/27/2025 HJ 11 P. 82
  7. Dec 17, 2025HouseDied on Table, Session ended 12/17/2025 HJ 19

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.