The "New Hampshire Real Property Security Act" (HB 1606) aims to prohibit nationals of the People's Republic of China (PRC) from acquiring or maintaining ownership or controlling interests in real property within New Hampshire. The bill defines "PRC nationals" as non-U.S. citizens from China and establishes a 90-day period for current PRC property owners to divest their interests voluntarily. Failure to do so will result in the property being deemed a hostile risk, leading to state control and potential auction. The bill also introduces civil and criminal penalties, including a 25% civil penalty based on the property's fair market value for violations, and classifies such violations as Class A misdemeanors for entities and licensed real estate agents involved in these transactions.

Additionally, the bill empowers the Department of Justice (DOJ) to investigate violations and manage seized properties, while mandating the creation of a new law enforcement unit within the Division of Homeland Security and Emergency Management (HSEM) to assist in enforcement. Although the bill does not allocate funding for new positions, it anticipates significant operational costs, with estimates reaching approximately $520,000 for the DOJ in FY 2027. The bill also modifies existing criminal penalties, which may impact the judicial and correctional systems in New Hampshire. However, it acknowledges a limitation regarding deportation proceedings, as these fall under federal jurisdiction, indicating a technical defect in the state's enforcement capabilities.