Bill Text - HB195 (2016)

Relative to continuing care communities.


Revision: March 8, 2016, midnight

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HB 195 - AS INTRODUCED

 

2015 SESSION

\t15-0471

\t01/10

 

HOUSE BILL\t\t195

 

AN ACT\trelative to continuing care communities.

 

SPONSORS:\tRep. Hunt, Ches 11; Rep. Butler, Carr 7; Sen. Pierce, Dist 5

 

COMMITTEE:\tCommerce and Consumer Affairs

 

 

ANALYSIS

 

\tThis bill clarifies the procedures for liquidating or rehabilitating a continuing care community.

 

\tThis bill is a request of the insurance department.

 

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Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

 

\t15-0471

\t01/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Fifteen

 

AN ACT\trelative to continuing care communities.

 

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

 

\t1  New Paragraph; Continuing Care Communities; Rehabilitation or Liquidation.  Amend RSA 420-D:16 by inserting after paragraph V the following new paragraph:

\t\tVI.  Any liquidation or rehabilitation by the commissioner of a facility shall proceed consistent with the provisions of RSA 402-C, except where inconsistent with the provisions of this section.

\t2  Effective Date.  This act shall take effect upon its passage.