SB363 (2014) Detail

Relative to insurance coverage for facilities for the Winnipesaukee River basin control.


SB 363 – VERSION ADOPTED BY BOTH BODIES

2014 SESSION

14-2755

08/04

SENATE BILL 363

AN ACT relative to insurance coverage for facilities for the Winnipesaukee River basin control.

SPONSORS: Sen. Hosmer, Dist 7; Rep. Huot, Belk 3; Rep. F. Tilton, Belk 3; Rep. DiMartino, Belk 2; Rep. Raymond, Belk 4; Rep. Fields, Belk 4

COMMITTEE: Energy and Natural Resources

ANALYSIS

This bill changes the time of waiver applicability, the requirement to purchase liability, general and pollution, insurance, and the practice of insurance procurement with regard to facilities for the Winnipesaukee River basin control.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

14-2755

08/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT relative to insurance coverage for facilities for the Winnipesaukee River basin control.

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

1 Insurance; Winnipesaukee River Basin Control. RSA 485-A:53 is repealed and reenacted to read as follows:

485-A:53 Insurance. The department shall purchase insurance, including extended coverage insurance, to protect the pollution control facilities administered under this subdivision against fire, vandalism, and malicious mischief. The cost of the insurance shall be included in the user fee. If the department determines that any of the foregoing insurance is unavailable or uneconomical, it may request the governor and council to waive the provisions of this section for the term of the coverage. Nothing in this section shall be construed as a waiver of the state’s sovereign immunity regardless of the department’s ability to procure the types of insurance described in this section.

2 Effective Date. This act shall take effect 60 days after its passage.