This bill amends current law to prohibit landlords from mandating that tenants or prospective tenants pay rent or other amounts due under a residential lease exclusively through electronic funds transfers. Specifically, it adds a new paragraph to RSA 540-A:3, stating that landlords must provide at least one alternative non-electronic payment method. This change aims to ensure that tenants have the option to pay their rent using traditional payment methods, thereby enhancing their flexibility and accessibility.
Additionally, the bill modifies RSA 540-A:4 by updating the list of violations that are subject to certain remedies, explicitly including the new prohibition against requiring electronic payments. The effective date for this legislation is set for January 1, 2026, allowing time for landlords and tenants to adjust to the new requirements.
Statutes affected: Introduced: 540-A:3
As Amended by the House: 540-A:3
As Amended by the Senate: 540-A:3, 540-A:4
Version adopted by both bodies: 540-A:3, 540-A:4
CHAPTERED FINAL VERSION: 540-A:3, 540-A:4