NH House Testimony

HB1207

House · 2026 sessionRepublicanSigned into law

Banking department fees and licensing rules

AI

Eliminates regular examination fees for state-chartered credit unions and trust companies in favor of an annual fixed base fee, eases licensing restrictions for mortgage loan originator applicants with certain prior convictions, and authorizes the bank commissioner to communicate with license applicants through the nationwide multistate licensing system.

relative to certain laws applicable to state chartered banks, credit unions, trust companies, and other consumer credit entities subject to the authority of the banking department.

Banking and FinanceOccupational RegulationCrimes, Crim.Proc. & Corr.

Status

Signed into law · July 16, 2026
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Division of testimony

2 submissions
Support 1Oppose 1Neutral 0
Tiffany GladuOpposeGoffstown, NHfor MyselfJan 29, 2026

I oppose this bill because it does not expand transparency, protections, or meaningful benefits for New Hampshire residents.

Daniel RichardsonSupportNashua, NHfor MyselfJan 29, 2026

Position recorded without written comment.