HB253 Relative to interest-bearing pooled trust accounts maintained by lawyers.
Relative to interest-bearing pooled trust accounts maintained by lawyers.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
No direct impact on most residents' wallets.
Your Community
Could reduce funding for legal aid programs that serve low-income NH residents.
Your Freedom
Technical financial regulation with no direct freedom impact.
Status
Inexpedient to Legislate: Motion Adopted Voice Vote 01/07/2026 House Journal 1 P. 74
Sponsor
Travis Corcoran (R)
The Short Version
Would modify rules around lawyers' IOLTA (Interest on Lawyers' Trust Accounts) funds, which currently generate interest that funds legal aid for low-income residents. Killed in committee.
Who's Behind This Bill?
Who Benefits
- ▲ Lawyers' clients whose trust fund interest might be redirected
Who Pays the Price
- ▼ Low-income residents who benefit from IOLTA-funded legal aid
Bill statuses as of May 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.