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SB 26 · 2025 · Senate · Commerce Committee

Escrow deposit use for construction changes

AI-generated

(Second New Title) allowing the department of justice to authorize the preclosing use of a portion of a deposit held in escrow for the payment of certain construction customizations, upgrades, or change orders.

Allows the department of justice to authorize the preclosing use of a portion of an escrow deposit to pay for certain construction customizations, upgrades, or change orders.AI-generated

Status

Signed into law · August 4, 2025
  1. ✓Introduced
  2. ✓Senate
  3. ✓House
  4. ✓Governor
  5. ✓Law

Analysis

This bill defines the meaning of "deposits" as they pertain to land sales.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Howard PearlRPrimeChair· Executive Departments and Administration
  • Sen. Timothy LangRMajority Whip
  • Sen. Daniel InnisRChair· Commerce
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Rep. Michael MoffettRChair· State-Federal Relations and Veterans Affairs

Also: Sen. Tara ReardonD, Rep. Alvin SeeR, Rep. Carol McGuireR, Rep. Kevin VervilleR, Rep. Scott BryerR

Public testimony

1 signed in online

0% support100% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-149:30 amSenate CommerceSH 100Public hearing
  • 2025-04-221:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-0610:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-1410:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-05-271:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing

Legislative history

  1. Jan 8, 2025SenIntroduced 01/08/2025 and Referred to Commerce; SJ 2
  2. Jan 14, 2025SenHearing: 01/14/2025, Room 100, SH, 10:15 am; SC 5
  3. Mar 20, 2025Sen: Ought to Pass with Amendment # 2025-0906s, 03/20/2025; Vote 6-0; CC; SC 13
  4. Mar 20, 2025SenCommittee Amendment # 2025-0906s, AA, VV; 03/20/2025; SJ 8
  5. Mar 20, 2025SenOught to Pass with Amendment #2025-0906s, MA, VV; OT3rdg; 03/20/2025; SJ 8
  6. Mar 27, 2025HouseIntroduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 109
  7. Apr 22, 2025HousePublic Hearing: 04/22/2025 01:30 pm LOB 302-304
  8. May 6, 2025HouseSubcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
  9. May 14, 2025HouseSubcommittee Work Session: 05/14/2025 10:30 am LOB 302-304
  10. May 27, 2025HouseExecutive Session: 05/27/2025 01:15 pm LOB 302-304
  11. May 27, 2025House: Ought to Pass with Amendment # 2025-1976h (NT) 05/27/2025 (Vote 16-0; CC) HC 27 P. 6
  12. Jun 5, 2025HouseAmendment # 2025-1976h (NT): AA VV 06/05/2025 HJ 16 P. 2
  13. Jun 5, 2025HouseOught to Pass with Amendment 2025-1976h: MA VV 06/05/2025 HJ 16 P. 2
  14. Jun 12, 2025SenSen. Innis Moved to Concur with the House Amendment, MA, VV; 06/12/2025; SJ 16
  15. Jun 26, 2025HouseEnrolled Bill Amendment # 2025-2905e: AA VV (in recess of) 06/26/2025 HJ 18 P. 60
  16. Jun 26, 2025SenEnrolled Bill Amendment # 2025-2905e Adopted, VV, (In recess of 06/26/2025); SJ 18
  17. Jun 26, 2025HouseEnrolled (in recess of) 06/26/2025 HJ 18 P. 64
  18. Jun 26, 2025SenEnrolled Adopted, VV, (In recess 06/26/2025); SJ 18
  19. Aug 1, 2025SenSigned by the Governor on 08/01/2025; Chapter 291; Effective 08/01/2025

Coverage

No reporting linked yet.

Documents (PDF)

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