relative to the management and regulation of town real property.

HB 373 establishes new regulations for how towns manage and regulate their owned real property, including land and buildings. It directly affects municipal governments by requiring standardized procedures for property transactions, maintenance, and record-keeping. The bill sets clear guidelines for town officials to follow when acquiring, selling, or leasing public property. Signed into law by Governor Ayotte on June 23, 2025, it takes effect August 23, 2025.