This bill establishes a committee tasked with studying the implementation of a statewide registration system for residential builders and contractors in New Hampshire. The committee will consist of two members from the Senate and three from the House of Representatives, who will receive mileage compensation for their duties. The bill outlines the committee's responsibilities, which include examining the necessity and viability of the registration system, assessing its potential to enhance consumer protection, evaluating its structure and oversight, and soliciting input from various stakeholders in the residential building industry.

The committee is required to report its findings and recommendations for proposed legislation by November 1, 2026. The bill emphasizes the importance of the residential home building industry to New Hampshire's economy and aims to address issues of fraud and consumer protection without imposing undue regulatory burdens. The act will take effect upon its passage, and it is noted that there will be no fiscal impact on state, county, or local expenditures or revenue as a result of this bill.

Statutes affected:
Introduced: 6:12
As Amended by the Senate: 310-A:223
SB523 text: 6:12