SB 492 · 2026 · Senate · Executive Departments and Administration Committee

Military department property leasing

authorizing the department of military affairs and veterans services to license and lease property in which the department holds a property interest.

Authorizes the department of military affairs and veterans services to lease or license property under its jurisdiction, subjects such property to local taxation when held by non-exempt private entities, and establishes a dedicated department property fund.AI-generated

Status

Signed into law · July 9, 2026

✓Introduced
✓Senate
✓House
✓Governor
✓Law

Analysis

This bill: I. Authorizes the department of military affairs and veterans services to lease or license property under its jurisdiction. II. Clarifies that when department property is leased or licensed to private entities that are not exempt from taxation, the property is subject to local property taxes as though privately owned. III. Outlines the responsibilities of lessees and licensees to pay taxes, the penalties for nonpayment, and the municipality’s authority to enforce collection through liens and legal action. IV. Establishes a dedicated property fund for the department.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Public testimony

1 signed in online

100% support0% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

2026-01-089:00 amSenate Executive Departments and AdministrationSH 103Public hearing
2026-04-1010:45 amHouse State-Federal Relations and Veterans AffairsGP 228Public hearing
2026-04-101:00 pmHouse State-Federal Relations and Veterans AffairsGP 228Public hearing
2026-05-0410:00 amHouse Ways and MeansGP 159Public hearing
2026-05-0411:00 amHouse Ways and MeansGP 159Public hearing

Legislative history

Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Executive Departments and Administration; SJ 1
Jan 8, 2026SenHearing: 01/08/2026, Room 103, SH, 10:00 am; SC 46
Jan 29, 2026Sen: Ought to Pass with Amendment # 2026-0114s, 01/29/2026; Vote 3-0; CC; SC 3
Jan 29, 2026SenCommittee Amendment # 2026-0114s, AA, VV; 01/29/2026; SJ 2
Jan 29, 2026SenOught to Pass with Amendment #2026-0114s, MA, VV; OT3rdg; 01/29/2026; SJ 2
Feb 19, 2026HouseIntroduced (in recess of) 02/19/2026 and referred to State-Federal Relations and Veterans Affairs HJ 5 P. 124
Apr 10, 2026HousePublic Hearing: 04/10/2026 11:30 am GP 228
Apr 10, 2026HouseExecutive Session: 04/10/2026 01:00 pm GP 228
Apr 10, 2026HouseCommittee Report: Ought to Pass with Amendment # 2026-1443h 04/10/2026 (Vote 13-0; RC)
Apr 23, 2026HouseAmendment # 2026-1443h: AA VV 04/23/2026 HJ 11 P. 75
Apr 23, 2026HouseOught to Pass with Amendment 2026-1443h: MA VV 04/23/2026 HJ 11 P. 75
Apr 23, 2026HouseReferred to Ways and Means 04/23/2026 HJ 11 P. 75
May 4, 2026HouseFull Committee Work Session: 05/04/2026 10:00 am GP 159
May 4, 2026HouseExecutive Session: 05/04/2026 11:00 am GP 159
May 4, 2026House: Ought to Pass 05/04/2026 (Vote 20-0; CC) HC 19 P. 16
May 14, 2026HouseOught to Pass: MA VV 05/14/2026 HJ 13 P. 26
May 21, 2026SenSen. Pearl Moved to Concur with the House Amendment, MA, VV; 05/21/2026; SJ 13
Jun 4, 2026HouseEnrolled Bill Amendment # 2026-2149e: AA VV (in recess of) 06/04/2026 HJ 15
Jun 4, 2026SenEnrolled Bill Amendment # 2026-2149e Adopted, VV, (In recess of 06/04/2026); SJ 14
Jun 4, 2026HouseEnrolled (in recess of) 06/04/2026 HJ 15
Jun 4, 2026SenEnrolled Adopted, VV, (In recess 06/04/2026); SJ 14
Jul 2, 2026SenSigned by the Governor on 07/02/2026; Chapter 257; Effective 08/31/2026

Coverage

No reporting linked yet.

Documents (PDF)

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