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SB 496 · 2026 · Senate · Commerce Committee

Broker-dealer supervisory location exemption

AI-generated

relative to supervision and registration requirements for associates of broker-dealers.

Exempts certain private residences designated by broker-dealers as supervisory locations from classification as a branch office.AI-generated

Status

Signed into law · June 24, 2026
  1. Introduced
  2. Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill exempts certain private residences designated by broker-dealers as a supervisory location from being classified as a branch office.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Sen. Tim McGoughRPrime
  • Sen. Howard PearlRChair· Executive Departments and Administration
  • Sen. Bill GannonRChair· Judiciary
  • Sen. Daniel InnisRChair· Commerce

Also: Sen. Donovan FentonD, Sen. David WattersD, Rep. Julie MilesR

Public testimony

7 signed in online

100% support0% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Hearings

  • 2026-01-279:30 amSenate CommerceSH 100Public hearing
  • 2026-04-0710:00 amHouse Commerce and Consumer AffairsGP 159Public hearing
  • 2026-04-0810:00 amHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-211:15 pmHouse Commerce and Consumer AffairsGP 229Public hearing
  • 2026-04-2910:00 amHouse Commerce and Consumer AffairsGP 229Public hearing

Legislative history

  1. Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Commerce; SJ 1
  2. Jan 27, 2026SenHearing: 01/27/2026, Room 100, SH, 10:00 am; SC 1
  3. Feb 19, 2026SenCommittee Report: Ought to Pass, 02/19/2026; Vote 4-0; CC; SC 6
  4. Feb 19, 2026SenOught to Pass: MA, VV; OT3rdg; 02/19/2026; SJ 4
  5. Feb 19, 2026HouseIntroduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs HJ 5 P. 124
  6. Apr 7, 2026HousePublic Hearing: 04/07/2026 01:45 pm GP 159
  7. Apr 8, 2026HouseSubcommittee Work Session: 04/08/2026 10:00 am GP 229
  8. Apr 21, 2026HouseSubcommittee Work Session: 04/21/2026 01:15 pm GP 229
  9. Apr 29, 2026HouseExecutive Session: 04/29/2026 10:00 am GP 229
  10. Apr 29, 2026House: Ought to Pass 04/29/2026 (Vote 15-0; CC) HC 19 P. 7
  11. May 14, 2026HouseOught to Pass: MA VV 05/14/2026 HJ 13 P. 2
  12. Jun 4, 2026HouseEnrolled (in recess of) 06/04/2026 HJ 15
  13. Jun 4, 2026SenEnrolled Adopted, VV, (In recess 06/04/2026); SJ 14
  14. Jun 19, 2026SenSigned by the Governor on 06/19/2026; Chapter 189; Effective 06/19/2026

Coverage

No reporting linked yet.

Documents (PDF)

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