SB162: relative to restrictions on acquisition of ownership, controlling, and occupancy interests in real property by certain foreign principals on or around certain military installations, and criminal penalties and civil forfeiture procedures for illegal acquisition.

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RSA references from bill data

• 477 · amend · effective 2026-01-01

  and House of Representatives in General Court convened: 1 New Subdivision; Ownership or Lease of Real Property by Foreign Principals from Foreign Countries of Concern. Amend RSA 477 by inserting after section 477:22-a the following new subdivision: Ownership or Lease of Real Property by Foreign Principals from Foreign Countries of Concern 477:22-b Definitions. In this subdivision: I. "Company

• 477:22-B · reference · effective 2026-01-01

  tural person to impose the civil penalty, the attorney general shall give notice and provide 60 days to cure the violation. No opportunity to cure shall be offered to an entity in RSA 477:22-b, as knowledge of the filing requirement under this section shall be imputed. 477:22-e Illegal Acquisition of Property by a Foreign Principal. I. Acquisition of property in violation of RSA 477:22-c is a: (a) Class

• 477:22-C · reference · effective 2026-01-01

  edge of the filing requirement under this section shall be imputed. 477:22-e Illegal Acquisition of Property by a Foreign Principal. I. Acquisition of property in violation of RSA 477:22-c is a: (a) Class A misdemeanor, when committed by a natural person. (b) Class B felony, when committed by an entity defined in RSA 477:22-b, I. II. The attorney general's office may refer a violation of this secti

• 477:22-D · amend · effective 2026-01-01

  n notice to the buyer, lessee, or tenant that the buyer, lessee, or tenant is required to file a qualified renter/purchase affidavit with the attorney general’s office pursuant to RSA 477:22-d. 3 Effective Date. This act shall take effect January 1, 2026. LBA 25-1044 3/14/25 SB 162-FN- FISCAL NOTE AS AMENDED BY THE SENATE (AMENDMENT #2025-0744s) AN ACT relative to restrictions on acquisition

• 477:22-E · reference · effective 2026-01-01

  according to this section against a person or entity who secured any ownership interest in real property in violation of this subdivision and who is convicted of an offense under RSA 477:22-e, I regarding that subject property. II. Real property that is the subject of a conviction under RSA 477:22-e, I may be seized by the state and forfeited as provided in this section. Property seized under this section

• 477:22-F · reference · effective 2026-01-01

  complied with the notice requirement in RSA 477:4-i. Nothing in this paragraph shall preclude the attorney general's office from initiating a forfeiture action in accordance with RSA 477:22-f. III. Failure to submit a required affidavit under this section shall result in a $500 civil penalty. Prior to an action against a natural person to impose the civil penalty, the attorney general shall give notice and

• 477:4-I · reference · effective 2026-01-01

  l liability, unless the agent has actual knowledge that the transaction will result in a violation of this section so long as the agent has complied with the notice requirement in RSA 477:4-i. Nothing in this paragraph shall preclude the attorney general's office from initiating a forfeiture action in accordance with RSA 477:22-f. III. Failure to submit a required affidavit under this section shall result

• 541-A · related · effective 2026-01-01

  any property forfeited shall be paid in full within a reasonable time following the court proceedings. 477:22-g Rulemaking. The attorney general shall adopt rules, pursuant to RSA 541-A, relative to: I. The contents and filing requirements for the qualified renter/purchaser affidavit; and II. Other provisions of this subdivision that the attorney general determines require administrative rules. 2

RSAs mentioned by this document

• RSA 477 · CONVEYANCES OF REALTY AND INTERESTS THEREIN
• RSA 541-A · ADMINISTRATIVE PROCEDURE ACT