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 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 these elections.

Additionally, the bill includes provisions to protect tenants from penalties related to the reporting process. For instance, failure to pay any associated fees will not lead to termination of tenancy or deductions from security deposits. It also clarifies that tenants retain their rights under New Hampshire law, ensuring that withholding rent for legitimate reasons does not count as a late payment. 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.