SB116 (2009) Detail

Repealing the prohibition on political contributions by insurance companies.


CHAPTER 96

SB 116 – FINAL VERSION

2009 SESSION

09-0908

10/09

SENATE BILL 116

AN ACT repealing the prohibition on political contributions by insurance companies.

SPONSORS: Sen. D'Allesandro, Dist 20; Sen. Gallus, Dist 1; Sen. DeVries, Dist 18; Rep. Reardon, Merr 11; Rep. Hunt, Ches 7

COMMITTEE: Election Law and Veterans’ Affairs

ANALYSIS

This bill repeals the provisions of law prohibiting political contributions by insurance companies and associations.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-0908

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT repealing the prohibition on political contributions by insurance companies.

Be it Enacted by the Senate and House of Representatives in General Court convened:

96:1 Repeals; Insurance Companies; Prohibition on Political Contributions. The following are repealed:

I. RSA 402:43 through RSA 402:45, relative to the prohibition on political contributions by insurance companies.

II. RSA 417:4, XI, relative to inclusion of political contributions by an insurance company as an unfair insurance trade practice.

96:2 Effective Date. This act shall take effect upon its passage.

Approved: June 12, 2009

Effective Date: June 12, 2009