HB1151 (2020) Compare Changes

The Bill Text indicates a new section is being inserted. This situation is not handled right now, and the new text is displayed in both the changed and unchanged versions.

Unchanged Version

Text to be removed highlighted in red.

1 New Subparagraph; Property and Casualty Insurance; Rate Standards. Amend RSA 412:15, III by inserting after subparagraph (b) the following new subparagraph:

(c) Rates for homeowners insurance shall use home replacement basis of the municipality's assessed value of the building and cost of debris removal.

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

Changed Version

Text to be added highlighted in green.

1 New Subparagraph; Property and Casualty Insurance; Rate Standards. Amend RSA 412:15, III by inserting after subparagraph (b) the following new subparagraph:

(c) Rates for homeowners insurance shall use home replacement basis of the municipality's assessed value of the building and cost of debris removal.

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