The bill establishes a task force to assess the feasibility of developing housing on the Great Bay Community College property within the Pease development area. It authorizes the college to utilize vacant property for housing purposes, specifically designed to accommodate students, faculty, staff, and military personnel. The task force will study various aspects of housing development, including funding mechanisms, operational models, and resident support systems, while also reviewing compliance with federal regulations and potential funding sources.

Key provisions of the bill include the insertion of a new subdivision in RSA 12-G, specifically section 12-G:13-a, which outlines the task force's responsibilities and membership. The task force will consist of appointed members from the Senate, House of Representatives, and relevant state agencies, including the Department of Military Affairs and Veterans Services and the Community College System of New Hampshire. The task force is required to submit a report with findings and recommendations by December 30, 2026. The bill also includes the deletion of certain provisions in existing law that may conflict with the new housing development initiatives.