This bill introduces a new section to RSA 359-B, mandating that landlords offer tenants the option to have their rental payment information reported to consumer reporting agencies. The bill defines key terms such as "landlord," "tenant," "rental unit," and "consumer reporting agency," and outlines the process for landlords to present this option to tenants. Specifically, landlords must make this offer at the time of the lease agreement and at least once annually thereafter, including a written election form that details the optional nature of reporting, the agencies involved, and any associated fees. The bill also stipulates that tenants can opt in or out of reporting, with certain conditions regarding fees and the timing of their decisions.

Additionally, the bill includes provisions to protect tenants' rights, stating that the failure to pay any fees associated with reporting will not lead to termination of tenancy or deductions from security deposits. It also clarifies that tenants who choose to report their payments do not lose any rights under New Hampshire law, particularly regarding the withholding of rent for legitimate reasons. Notably, the bill exempts landlords with 14 or fewer dwelling units from these requirements unless they are part of specific corporate structures. The act is set to take effect on January 1, 2026.