HB229 (2013) Detail

Relative to a financial examination supervisor.


CHAPTER 205

HB 229-FN – FINAL VERSION

05/23/13 1396s

2013 SESSION

13-0342

01/10

HOUSE BILL 229-FN

AN ACT relative to a financial examination supervisor.

SPONSORS: Rep. Butler, Carr 7; Rep. John Hunt, Ches 11; Rep. Flanders, Belk 3

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill requires the insurance commissioner to appoint a financial examinations supervisor.

This bill is a request of the insurance department.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05/23/13 1396s

13-0342

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT relative to a financial examination supervisor.

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

205:1 Insurance; Department Positions. Amend RSA 400-A:6, VII to read as follows:

VII. The commissioner shall appoint, as the commissioner’s assistants, a health care policy analyst, a health care statistician, a general counsel, an insurance fraud attorney, a senior insurance fraud investigator, an assistant property and casualty actuary, a compliance and enforcement counsel, a financial examinations supervisor, and a health reform coordinator, each of whom shall serve at the pleasure of the commissioner during good behavior. The health care policy analyst, health care statistician, general counsel, insurance fraud attorney, senior insurance fraud investigator, assistant property and casualty actuary, compliance and enforcement counsel, financial examinations supervisor, and health reform coordinator, shall perform such duties and exercise such powers as the commissioner may authorize.

205:2 Salary of Financial Examinations Supervisor. The salary of the financial examinations supervisor established in section 1 of this act shall be determined after assessment and review of the appropriate temporary letter grade allocation in RSA 94:1-a, I(b) for the position which shall be conducted pursuant to RSA 94:1-d and RSA 14:14-c. Upon completion of this action and appointment of the financial examinations supervisor, position 41776 shall be abolished to allow for the transition of this classified position with its available appropriations into the unclassified position of financial examinations supervisor. Funding shall be transferred into expenditure class 014, within accounting unit 02-24-24-240010-2520.

205:3 Applicability. Section 1 of this act shall take effect upon the abolition of position 41776, the transfer of funding and appropriation into the unclassified position and the initial appointment of the financial examinations supervisor, as certified by the commissioner of insurance to the director of legislative services.

205:4 Effective Date.

I. Section 1 of this act shall take effect as provided in section 3 of this act.

II. The remainder of this act shall take effect upon its passage.

Approved: July 10, 2013

Effective Date: I. Section 1 shall take effect as provided in section 3.

II. Remainder shall take effect July 10, 2013.