Bill > SB406

This bill appropriates $20 million to the city of Nashua to purchase the former Daniel Webster College property, which is currently owned by a company based in a "foreign country of concern" and located adjacent to Nashua's airport. The bill's purpose is rooted in New Hampshire's responsibility to ensure the safety and security of its residents by preventing ownership of strategically located properties by potentially sensitive foreign entities. The appropriation will be drawn from the state's general fund for the biennium ending June 30, 2027, and is intended to enable the city to acquire the approximately 53-acre property near the airport. The legislation defines the property's proximity to critical infrastructure as a potential security concern, and the appropriation is specifically aimed at mitigating this risk by facilitating the property's purchase by the local government. The bill is set to take effect on July 1, 2026, and represents an additional appropriation to the city of Nashua beyond any existing allocations.

Budget and Finance

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1234&inflect=2