relative to the sale of surplus state-owned land and establishing a commission to study the sale of state-owned property.

The Senate added an entirely new section (RSA 4:39-h) establishing a commission to study the sale of state-owned property for building housing and supporting infrastructure. This is the major expansion of the bill's scope beyond just crediting proceeds.

A purpose statement was added explaining that the bill aims to strengthen fiscal responsibility, modernize processes, stimulate economic activity, generate revenue, and return property to local tax rolls, with specific mention of prioritizing housing and related infrastructure like water and wastewater systems.

The commission must include two senators, two house members, the commissioners (or designees) of environmental services, transportation, and administrative services, and one public member. It must investigate property sales for housing purposes, may request assistance from any state agency, and must report findings and legislative recommendations to leadership by November 1, 2026.

The commission's first meeting must occur within 45 days of the effective date, it requires a quorum of four members, and the entire commission section self-repeals on November 1, 2026, making it a temporary study body rather than a permanent entity.

The effective date was restructured from a single July 1, 2026 date to a three-part structure: the proceeds-crediting provision (Section 1) takes effect July 1, 2026; the repeal of the commission (Section 4) takes effect November 1, 2026; and everything else takes effect upon passage.

All provisions requiring agencies to identify surplus property suitable for affordable housing were removed

The below-market conveyance provision, which allowed surplus property to be sold to qualified developers at reduced rates with a requirement that 20% of units remain affordable for low- and moderate-income households for at least 20 years, was removed

The provision allowing agencies to retain revenue from surplus property sales for one additional budget cycle was removed

The provision prioritizing municipal housing grants for municipalities that collaborate with state agencies on rezoning state property was removed

A new provision requires that proceeds from the sale, conveyance, transfer, or lease of surplus state-owned land be credited as restricted revenue to the fund from which the property was originally purchased or that supported its acquisition

Effective date changed from 60 days after passage to a fixed date of July 1, 2026