Affordable housing advocates celebrate Ayotte’s veto of controversial security deposit bill - New Hampshire Public Radio
New Hampshire Governor Ayotte vetoed a bill that would have limited security deposits to one month's rent and required interest on deposits held over a year. The veto maintains current law, which allows deposits up to one month's rent but does not require interest payments. This is a win for landlords who opposed the bill, but advocates for tenants are disappointed.
Aforeworn detected this change in the Rental-Housing & Eviction Rules space on July 6, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated Low urgency. Single-family landlords, multifamily owners, property managers, affordable-housing operators in New Hampshire should confirm how it applies to their specific situation before acting. There is a time constraint attached: N/A. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Rental-Housing & Eviction Rules continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
The proposed bill (HB 123) that would have capped security deposits at one month's rent and mandated interest on long-held deposits was vetoed, so no new requirements take effect.
Who it affects
Single-family landlords, multifamily owners, property managers, affordable-housing operators in New Hampshire
What you must do
No action needed; continue following existing state law on security deposits.
Deadline
N/A
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