This bill amends current law to prohibit landlords from mandating that tenants or prospective tenants pay rent or other amounts due under a residential lease solely through electronic funds transfers. Specifically, it adds a new paragraph to RSA 540-A:3, stating that landlords must allow at least one alternative non-electronic payment method. The bill also modifies RSA 540-A:4 by including this new prohibition in the list of violations that can be addressed through legal remedies.

The effective date for this legislation is set for January 1, 2026, and it is projected to have a fiscal impact of less than $10,000 for each fiscal year from 2025 to 2028. The bill aims to provide tenants with more flexibility in how they can make rent payments, ensuring that electronic payment methods are optional rather than mandatory.

Statutes affected:
Introduced: 540-A:3
As Amended by the House: 540-A:3
As Amended by the Senate: 540-A:3, 540-A:4
Version adopted by both bodies: 540-A:3, 540-A:4