HB34 (2005) Detail

Relative to certain land sales in towns with planning boards.


HB 34 – AS INTRODUCED

2005 SESSION

05-0204

06/10

HOUSE BILL 34

AN ACT relative to certain land sales in towns with planning boards.

SPONSORS: Rep. Weyler, Rock 8; Rep. Camm, Rock 8; Rep. Hughes, Rock 18

COMMITTEE: Municipal and County Government

ANALYSIS

This bill exempts an approved subdivision in a town with planning board from the provisions of the Land Sales Full Disclosure Act.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05-0204

06/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Five

AN ACT relative to certain land sales in towns with planning boards.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Subparagraph; Land Sales Full Disclosure Exemptions; Subdivision in Town With a Planning Board. Amend RSA 356-A:3, I(g)-(h) to read as follows:

(g) Securities registered with the insurance commissioner of this state; [and]

(h) Any interest in oil, gas or other minerals or any royalty interest therein, if the offer or disposition of such interests are regulated as securities by any federal agency or by the insurance commissioner of this state[.]; and

(i) Subdivided lands in a town which has a planning board, regardless of the number of lots, if the planning board has approved the subdivision plat.

2 Effective Date. This act shall take effect 60 days after its passage.