New Hampshire SB 406: making an appropriation to the city of Nashua for the purpose of purchasing the former Daniel Webster College property.

Bill Text

SB 406-FN-A - AS INTRODUCED

2026 SESSION

 26-2045

 12/09

SENATE BILL 406-FN-A

AN ACT making an appropriation to the city of Nashua for the purpose of purchasing the former Daniel Webster College property. 

SPONSORS: Sen. Rosenwald, Dist 13; Sen. Watters, Dist 4; Sen. Fenton, Dist 10; Rep. Telerski, Hills. 11; Rep. Jack, Hills. 10; Rep. Lloyd, Hills. 8; Rep. Juris, Hills. 7; Rep. S. Newman, Hills. 4

COMMITTEE: Finance

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ANALYSIS

 This bill makes an appropriation to the city of Nashua to purchase the former Daniel Webster College property.

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Explanation: Matter added to current law appears in bold italics.

 Matter removed from current law appears [in brackets and struckthrough.]

 Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

 26-2045

 12/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT making an appropriation to the city of Nashua for the purpose of purchasing the former Daniel Webster College property. 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 1 Declaration of Purpose. 

 I. The state of New Hampshire has the responsibility to provide for the safety and security of Granite Staters. This responsibility includes ensuring foreign countries of concern as defined by RSA 477:22-b do not own any property near New Hampshire's critical infrastructure. The state of New Hampshire shall execute its responsibility by providing the financial means, when appropriate, to prevent such ownership in our communities. 

 II. The approximately 53 acre former Daniel Webster College property, owned by a company based in a foreign country of concern, is adjacent to Nashua's airport, which is judged to be infrastructure essential to the safety and security of Granite Staters.

 2 Appropriation. The sum of $20,000,000 for the biennium ending June 30, 2027 is appropriated to the city of Nashua for the purpose of purchasing the former Daniel Webster College property. This sum is in addition to any other sums appropriated to the city of Nashua for the biennium. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated. 

 3 Effective Date. This act shall take effect July 1, 2026.

 LBA

 26-2045

 9/29/25

SB 406-FN-A- FISCAL NOTE

AS INTRODUCED

AN ACT making an appropriation to the city of Nashua for the purpose of purchasing the former Daniel Webster College property. 

FISCAL IMPACT: 

 Estimated State Impact

FY 2026

FY 2027

FY 2028

FY 2029

 Revenue

$0

$0

$0

$0

 Revenue Fund(s)

None

 Expenditures*

$0

$20,000,000

$0

$0

 Funding Source(s)

General Fund

 Appropriations*

$0

$20,000,000

$0

$0

 Funding Source(s)

General Fund

 *Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill

 Estimated Political Subdivision Impact

FY 2026

FY 2027

FY 2028

FY 2029

 Local Revenue

$0

$20,000,000

City of Nashua

$0

$0

 Local Expenditures

$0

$0

$0

$0

METHODOLOGY:

This bill provides a general fund appropriation of $20,000,000 in FY 2027 to the City of Nashua for the purpose of purchasing the former Daniel Webster College property. It should be noted, to be consistent with standard practice, appropriations should be made to a state entity (agency, department, etc.) for distribution, rather than directly to a political subdivision or any other non-state entity.

AGENCIES CONTACTED:

None