New Hampshire SB162 restricts foreign principals from acquiring property near military installations and imposes penalties for violations.

New Hampshire SB162 amends RSA 477 to restrict foreign principals from acquiring ownership, controlling, or occupancy interests in real property within 10 miles of protected facilities. The bill defines "foreign principal" and "foreign country of concern," and mandates that any acquisition or lease of property within the restricted area must be accompanied by a qualified purchaser affidavit. Violations are classified as misdemeanors or felonies, and the attorney general can refer cases for prosecution or initiate forfeiture actions.

New Hampshire SB162 restricts foreign principals from acquiring property near military installations and imposes penalties for violations.

New Hampshire SB162 amends RSA 477 to restrict foreign principals from acquiring ownership, controlling, or occupancy interests in real property within 10 miles of protected facilities. The bill defines "foreign principal" and "foreign country of concern," and mandates that any acquisition or lease of property within the restricted area must be accompanied by a qualified purchaser affidavit. Violations are classified as misdemeanors or felonies, and the attorney general can refer cases for prosecution or initiate forfeiture actions.