This bill amends RSA 540-A:3 by adding a new paragraph that prohibits landlords from mandating that tenants or prospective tenants pay rent or other amounts due under a residential lease exclusively through electronic funds transfers. Specifically, the new language states that landlords must allow at least one alternative non-electronic payment method. This change aims to provide tenants with more flexibility in how they can make their rent payments, ensuring that electronic payment methods are optional rather than compulsory.

The bill is set to take effect on January 1, 2026, and is projected to have a minimal fiscal impact of less than $10,000 for each fiscal year from 2025 to 2028. No agencies have been contacted regarding this legislation, indicating a straightforward implementation process without anticipated significant administrative burdens.

Statutes affected:
Introduced: 540-A:3
As Amended by the House: 540-A:3