HB 1334 – AS AMENDED BY THE SENATE
05/04/06 2086s
2006 SESSION
09/04
HOUSE BILL 1334
AN ACT establishing a committee to study certain issues related to banks, business, and insurance.
SPONSORS: Rep. Bishop, Rock 2; Sen. Barnes, Dist 17
COMMITTEE: Labor, Industrial and Rehabilitative Services
This bill establishes a committee to study certain issues related to banks, business, and insurance.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05/04/06 2086s
06-2301
09/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Six
AN ACT establishing a committee to study certain issues related to banks, business, and insurance.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Committee Established. There is established a committee to study certain issues related to banks, business, and insurance.
2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) Two members of the senate, appointed by the president of the senate.
(b) Three members of the house of representatives, appointed by the speaker of the house of representatives.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
3 Duties. The committee shall study the following issues:
I. The effect on the unemployment compensation trust fund of employers with negative balance separate accounts.
II. The possibility of expanding business tax credits to enhance research and development by extending the carry-forward provision for the business enterprise tax credit.
III. The effect of the costs of health insurance on public employment contracts.
IV. The cost and benefit of eliminating the requirements for group health insurance carriers and stop-loss writers to provide an option to covered employees and their dependents to purchase an individual health insurance policy, called a conversion policy.
V. Mandatory insurance coverage for the costs of early intervention services for children from birth to 36 months.
4 Chairperson. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section.
5 Report. The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2006.
6 Effective Date. This act shall take effect upon its passage.