This bill establishes the "Governance, Regulation, and New Hampshire Innovation in Trust and Equity Commission Act," which aims to study the feasibility of creating a specialized court with jurisdiction over corporate, commercial, and equitable matters in New Hampshire. The commission will consist of various members, including representatives from the House and Senate, the New Hampshire Supreme Court, the University of New Hampshire Franklin Pierce School of Law, and experts in corporate law and governance. The commission's responsibilities include evaluating the potential establishment of a court of chancery, examining necessary reforms to corporate statutes, and assessing the fiscal impact on state revenues from incorporation services.

Additionally, the bill includes a provision for the repeal of RSA 491:26, which pertains to the Governance, Regulation, and New Hampshire Innovation in Trust and Equity Commission, effective December 31, 2027. The commission is required to submit a final report with findings and recommendations by that same date, after which it will terminate. The act will take effect 60 days after its passage, except for the repeal section, which will take effect at the end of 2027.

Statutes affected:
As Amended by the House: 491:26