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NH HB253
Bill
Status
1/7/2025
Primary Sponsor
Travis Corcoran
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AI Summary
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Requires private practice attorneys in New Hampshire to remit interest or dividends from their interest-bearing pooled trust accounts (IOLTA) to the New Hampshire Public Defender's office on at least a quarterly basis
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Exempts judges, attorneys general, public defenders, US attorneys, district attorneys, military personnel, government employees, corporate counsel, and law teachers from the requirement
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Conditions the Public Defender's office eligibility to receive these funds on not making contributions to any non-profit organizations or political campaigns during that quarter
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Requires the Public Defender's office to publish its full budget within 90 days after the fiscal year ends; failure to comply redirects the funds to the state general fund instead
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Authorizes the Supreme Court and New Hampshire Bar Association to establish governing rules, but prohibits rules inconsistent with the statute; takes effect 60 days after passage
Legislative Description
Relative to interest-bearing pooled trust accounts maintained by lawyers.
Last Action
Inexpedient to Legislate: Motion Adopted Voice Vote 01/07/2026 House Journal 1
1/7/2026