SB 25 · 2025 · Senate · Commerce Committee
Credit union pay and blockchain rules
AI-generated(New Title) allowing credit union members to pay members of the board of directors for their services as a board member and relative to the use of and disputes over blockchain and digital currencies.
Allows credit union members to compensate board of directors for their service, establishes protections for blockchain technology and its users, and creates a blockchain dispute docket to oversee related disputes.AI-generated
Status
Died — the House and Senate did not agree · June 12, 2025- ✓Introduced
- ✕Senate
- House
- Governor
- Law
Analysis
This bill: I. Allows credit union members to pay members of the board of directors for their services as a board member. II. Creates an act to protect blockchain technology and its users. III. Establishes a blockchain dispute docket to oversee blockchain-related disputes.
From the bill's official ANALYSIS section.
In the bill's words
Quoted verbatim from the bill as amended by the House. Passages chosen from the operative text.Computed by this site
““Blockchain protocol” means any executable software deployed to a blockchain composed of source code that is publicly available and accessible, including a smart contract or any network of smart contracts.”
“No state or local government agency or subdivision thereof shall prohibit, restrict, or otherwise impair the ability of an individual to:”
“Any person shall be allowed to engage in home digital asset mining as long as the individual complies with all local noise ordinances.”
“No state or local government agency or subdivision thereof shall prohibit any person or business from operating a node for the purpose of connecting to a blockchain protocol or a protocol built on top of a blockchain protocol and transferring digital assets on a blockchain protocol or participating in staking on a blockchain protocol.”
Official record
gc.nh.gov · the authoritative source
Sponsors
Public testimony
Votes
yeanay- Jan 30, 2025SenateCommittee report: Ought to Pass5–0Overall100% yea
- Jan 30, 2025SenateVoice voteOught to Passadopted
- May 27, 2025HouseCommittee report· consent calendar: Ought to Pass16–0Overall100% yea
- Jun 5, 2025HouseDivisionSpecial Order next order of business (Rep. Hunt)Adopted177–134Overall57% yea
- Overall54% yeaParty-line voteRepublicans171–796% yeaDemocrats4–1433% yea
- Resulting text: Bill as amended by the House
- Jun 12, 2025SenateVoice voteSen. Innis Moved Nonconcur with the House Amendmentadopted
Hearings and debates
- Jan 14, 2025Public hearingSenate Commerce32:57–37:434m 46slocated in the stream transcriptHearing
- Apr 22, 2025Public hearingHouse Commerce and Consumer Affairs5:51–14:248m 33slocated in the stream transcriptPublic Hearing
- May 6, 2025Public hearingHouse Commerce and Consumer Affairs49:56–51:031m 7slocated in the stream transcriptSubcommittee Work Session
- May 27, 2025Public hearingHouse Commerce and Consumer Affairs3:19:32–3:20:371m 5slocated in the stream transcriptCommittee Report: Ought to Pass; Executive Session
- Jun 5, 2025Floor debateHouse floor7:43:22–7:43:5028slocated in the stream transcriptOught to Pass with Amendment 2025-2696h — adopted, voice vote; FLAM # 2025-2696h(NT) (Rep. Ammon) — adopted, roll call 175-150; Special Order next order of business (Rep. Hunt) — adopted, division 177-134
- Jun 12, 2025Floor debateSenate floor29:04–29:5854slocated in the stream transcriptSen. Innis Moved Nonconcur with the House Amendment — adopted, voice vote
Timestamps locate where this bill is taken up in the chamber's YouTube stream.
Legislative history
- Jan 8, 2025SenIntroduced 01/08/2025 and Referred to Commerce; SJ 2
- Jan 14, 2025SenHearing: 01/14/2025, Room 100, SH, 10:00 am; SC 5
- Jan 30, 2025Sen: Ought to Pass, 01/30/2025, Vote 5-0; SC 7
- Jan 30, 2025SenOught to Pass: MA, VV; OT3rdg; 01/30/2025; SJ 4
- Mar 27, 2025HouseIntroduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 109
- Apr 22, 2025HousePublic Hearing: 04/22/2025 01:15 pm LOB 302-304
- May 6, 2025HouseSubcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
- May 27, 2025HouseExecutive Session: 05/27/2025 01:15 pm LOB 302-304
- May 27, 2025House: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 6
- Jun 4, 2025HouseRemoved from Consent (Reps. Layon, Tom Mannion, Ammon, Beaulier, Noble, Notter, Wherry, Sabourin, DeRoy, McFarlane) 06/04/2025 HJ 16 P. 2
- Jun 5, 2025HouseSpecial Order next order of business (Rep. Hunt): MA DV 177-134 06/05/2025 HJ 16 P. 137
- Jun 5, 2025HouseFLAM # 2025-2696h(NT) (Rep. Ammon): AA RC 175-150 06/05/2025 HJ 16 P. 137
- Jun 5, 2025HouseOught to Pass with Amendment 2025-2696h: MA VV 06/05/2025 HJ 16 P. 142
- Jun 12, 2025SenSen. Innis Moved Nonconcur with the House Amendment, MA, VV; 06/12/2025; SJ 16
Coverage
No reporting linked yet.
Documents (PDF)
Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.