authorizing the department of military affairs and veterans services to license and lease property in which the department holds a property interest.

Subsection labels were renumbered: 'IV' became 'III' and 'V' became 'IV'. The text of these provisions is unchanged; only the Roman numeral identifiers were corrected, likely to fix a gap in numbering.

The bill's status header changed from 'As Amended by the House' to 'Version Adopted by Both Bodies,' and an administrative timestamp (06/04/2026 2149EBA) was added, reflecting that the enrolled bill was formally adopted.

The effective date was changed from a fixed date of July 1, 2026 to '60 days after its passage.' This means the bill will now take effect two months after it is signed into law, regardless of when that occurs, rather than on a predetermined calendar date.

Removed the requirement that leases or licenses of real property exceeding 7 years need prior approval from the governor and executive council. The department can now lease any property for any term without that approval.

Replaced a detailed tax regime (requiring leased property to be taxed as if held in fee simple, with specific interest rates of 18%, municipal liens on lessee equipment, and lawsuit provisions) with a simpler requirement that leases or licenses must include terms for the occupant to pay properly assessed real and personal property taxes under RSA 72:23.

Removed an entire paragraph (IX) dealing with municipal services fees in lieu of real estate taxes and procedures for challenging excessive property valuations by municipalities.

Expanded the property fund section to specify seven categories of authorized expenditures: purchasing/leasing property, operating and maintenance costs, administrative expenses including wages and benefits, bond principal and interest payments, bond reserves, payments in lieu of taxes, and other management expenses.

Added a new paragraph (IV) specifying that fund money is paid out on manifests approved by the governor and council, with provisions for advances to the department treasurer.

Added a new paragraph (V) stating that department revenues unrelated to property or projects shall be retained by the department and used for department property or projects as determined by the adjutant general.

Added a new amendment to RSA 6:12, I(b) creating subparagraph (411) that excludes moneys in the property fund from certain state budget provisions, effectively giving the fund its own separate budget treatment.

Added an effective date of July 1, 2026.