NH HB1419

Establishes the "GRANITE Commission" (Governance, Regulation, and New Hampshire Innovation in Trust and Equity) to study creating a court of chancery similar to Delaware's, with specialized jurisdiction over corporate, commercial, and equitable matters

Commission membership includes 5 House members, 3 Senate members, the Chief Justice of the NH Supreme Court, UNH Franklin Pierce School of Law dean, Secretary of State, Attorney General, and various business and legal experts totaling approximately 21 members

Commission duties include examining reforms to the Business Corporation Act, evaluating judicial appointment and retention mechanisms, assessing fiscal impacts from franchise taxes and filing fees, and developing marketing strategies for New Hampshire as a corporate governance destination

First meeting required within 45 days of the effective date, with annual reports due each November 1 starting in 2026, and final recommendations due by November 1, 2030

Commission members serve without compensation and the commission continues until repealed by the General Court, unlike standard study commissions with automatic expiration dates