This bill appropriates $20,000,000 from the state’s general fund to the city of Nashua for the purpose of purchasing the former Daniel Webster College property, which is approximately 53 acres in size. The property is currently owned by a company based in a foreign country of concern and is located adjacent to Nashua's airport, deemed critical infrastructure for the safety and security of New Hampshire residents. The bill emphasizes the state's responsibility to prevent foreign ownership of property near such infrastructure to ensure the safety of Granite Staters.

The appropriation is set for the biennium ending June 30, 2027, with the governor authorized to draw the necessary funds from the treasury. The bill also includes a declaration of purpose, highlighting the state's commitment to safeguarding its communities. The effective date for this act is July 1, 2026. There are no expected revenue impacts, and the bill outlines that the funding will be in addition to any other sums appropriated to the city of Nashua during the same period.