This bill proposes the establishment of a public registry of rents, which would require landlords to annually report the monthly rent charged for each of their properties within a county to the register of deeds. The registry would list the monthly rents for properties leased within the county, and landlords would be obligated to update the register within 30 days if there is a change in the rent charged. The registry would be accessible to the public, enhancing transparency in the rental market.

The fiscal note attached to the bill indicates that there would be no immediate revenue impact on the state, county, or local governments. However, there is an expectation of an indeterminable increase in county expenditures due to the need for research, software or computer systems, and staffing to manage the registry. The New Hampshire Association of Counties has stated that they cannot calculate the exact cost at this time, but they acknowledge that there will be an increase in expenditures. The fiscal impact is not expected to occur until the fiscal year 2024. The bill is set to take effect 60 days after its passage.