Revision: April 28, 2026, 2:32 p.m.
Senate Commerce
April 28, 2026
2026-1724s
09/08
Amendment to HB 1336-FN
Amend RSA 540-A:7, I(b) as inserted by section 4 of the bill by replacing it with the following:
(b) If any portion of a security deposit was paid by a third party on behalf of the tenant, the landlord may return any refundable portion of such contribution to the third party in accordance with the third party's written instructions, provided a copy of such instructions was delivered to the tenant in writing or by electronic communication prior to the commencement of the tenancy. Absent any agreement to the contrary, the landlord shall make any deductions first from tenant-paid funds and second from any known third-party funds. The landlord shall furnish an itemized statement of any deductions from third-party funds within 30 days of a written request by the third party. A landlord who, in good faith, apportions third-party funds in compliance with this section shall be discharged of liability related to such apportionment. Unless otherwise directed by the municipality, any security deposit funds paid by a municipality under RSA 165, together with any interest required by law and less any lawful deductions, shall be returned directly to the municipality within 30 days after termination of the tenancy. A landlord who, in good faith, returns such funds directly to a municipality shall be discharged of liability to any other party for the return of those specific municipal funds.