Revision: Feb. 9, 2026, 2:14 p.m.
Rep. Alexander Jr., Hills. 29
Rep. Read, Rock. 10
January 28, 2026
2026-0380h
04/09
Amendment to HB 1523-FN
Amend RSA 292:8-m, V as inserted by section 1 of the bill by replacing it with the following:
V. If an owner or board of directors member, or an immediate family member of an owner or board of directors member, has a pecuniary interest in a company seeking to contract with the homeowners' association, the homeowners' association shall not enter into the contract unless:
(a) The pecuniary interest is disclosed in writing and prominently to all members before or at the same time as the notice of the meeting held in accordance with the homeowners' association bylaws;
(b) The contract is approved by a majority of the votes cast by the membership at the meeting with a quorum present; and
(c) The interested person recuses from voting.
Amend the bill by replacing section 2 with the following:
2 Effective Date. This act shall take effect January 1, 2027.