This bill establishes a committee tasked with studying the feasibility, benefits, and risks of creating a specialized court with jurisdiction over corporate, commercial, and equitable matters. The committee will consist of three members from the House of Representatives, including one member from the minority party, and will receive mileage compensation for their duties. The committee's responsibilities include examining potential reforms to the business corporation act, evaluating recruitment and retention strategies for judicial positions with corporate law expertise, and assessing the fiscal impact of such a court on state revenues.

Additionally, the committee will explore partnerships with local law schools to enhance corporate governance education and develop strategies to market New Hampshire as a favorable jurisdiction for incorporation. The committee is required to elect a chairperson, hold its first meeting within 45 days of the bill's passage, and report its findings and recommendations by November 1, 2026. The bill also includes provisions for the effective date of the act to be upon its passage.

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