CHAPTER 171
HB 518 - FINAL VERSION
05/20/2021 1411s
2021 SESSION
21-1063
08/10
HOUSE BILL 518
AN ACT relative to rebates under the law governing unfair insurance practices.
SPONSORS: Rep. Infantine, Hills. 13
COMMITTEE: Commerce and Consumer Affairs
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AMENDED ANALYSIS
This bill excludes from unfair insurance practices the payment or assignment of all or a portion of the producer's commission to an employee of the producer.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05/20/2021 1411s 21-1063
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty One
AN ACT relative to rebates under the law governing unfair insurance practices.
Be it Enacted by the Senate and House of Representatives in General Court convened:
171:1 Unfair Insurance Trade Practices; Rebating. Amend RSA 417:4, IX(b)(15) to read as follows:
(15) The rebate of all or part of a producer’s commission on the sale of commercial insurance as defined in RSA 412 provided the insurer expressly provides for such rebate in rate filings approved by the commissioner and the reduction of the commission is not disclosed to the insured either directly or indirectly[.];
(16) The payment or assignment of all or part of a producer's commission on the sale of insurance to an employee of the producer.
171:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: July 30, 2021
Effective Date: September 28, 2021
| Date | Body | Type |
|---|---|---|
| Feb. 10, 2021 | House | Hearing |
| March 2, 2021 | House | Exec Session |
| March 3, 2021 | House | Exec Session |
| House | Floor Vote | |
| April 20, 2021 | Senate | Hearing |
| May 20, 2021 | Senate | Floor Vote |
| Feb. 10, 2021 | House | Hearing |
| April 20, 2021 | Senate | Hearing |
| May 20, 2021 | Senate | Floor Vote |
Aug. 3, 2021: Signed by Governor Sununu 07/30/2021; Chapter 171; Eff: 09/28/2021
July 30, 2021: Signed by Governor Sununu 07/30/2021; Chapter 171; Eff: 09/28/2021
July 15, 2021: Enrolled (in recess of) 06/24/2021
: Enrolled (in recess of) 06/24/2021
July 15, 2021: Enrolled Adopted, VV, (In recess 06/24/2021); SJ 20
June 24, 2021: Enrolled Adopted, VV, (In recess 06/24/2021); SJ 20
June 10, 2021: House Concurs with Senate Amendment 2021-1411s (Rep. Hunt): MA VV 06/10/2021 HJ 10 P. 1
June 10, 2021: House Concurs with Senate Amendment 2021-1411s (Rep. Hunt): MA VV 06/10/2021 HJ 10 P. 1
May 20, 2021: Ought to Pass with Amendment 2021-1411s, MA, VV; OT3rdg; 05/20/2021; SJ 16
May 20, 2021: Ought to Pass with Amendment 2021-1411s, MA, VV; OT3rdg; 05/20/2021; SJ 16
May 20, 2021: Committee Amendment # 2021-1411s, AA, VV; 05/20/2021; SJ 16
May 20, 2021: Committee Amendment # 2021-1411s, AA, VV; 05/20/2021; SJ 16
May 20, 2021: Committee Report: Ought to Pass with Amendment # 2021-1411s, 05/20/2021; Vote 5-0; CC; SC 24
May 11, 2021: Committee Report: Ought to Pass with Amendment # 2021-1411s, 05/20/2021; Vote 5-0; CC; SC 24
April 20, 2021: Remote Hearing: 04/20/2021, 09:15 am; Links to join the hearing can be found in the Senate Calendar; SC 20
April 15, 2021: Remote Hearing: 04/20/2021, 09:15 am; Links to join the hearing can be found in the Senate Calendar; SC 20
April 7, 2021: Introduced 04/01/2021 and Referred to Commerce; SJ 11
April 1, 2021: Introduced 04/01/2021 and Referred to Commerce; SJ 11
April 7, 2021: Reconsider (Rep. Osborne): MF VV 04/07/2021 HJ 5 P. 50
April 7, 2021: Reconsider (Rep. Osborne): MF VV 04/07/2021 HJ 5 P. 50
April 7, 2021: Ought to Pass: MA VV 04/07/2021 HJ 5 P. 6
April 7, 2021: Ought to Pass: MA VV 04/07/2021 HJ 5 P. 6
: Committee Report: Ought to Pass (Vote 18-0; CC) HC 18 P. 5
March 12, 2021: Committee Report: Ought to Pass (Vote 18-0; CC) HC 18 P. 5
March 3, 2021: ==CONTINUED== Executive Session: 03/03/2021 01:30 pm Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/98917516497 (if necessary)
March 2, 2021: Executive Session: 03/02/2021 09:00 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/95215897452
Feb. 2, 2021: Public Hearing: 02/10/2021 11:15 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/95521072179 / Executive session on pending legislation may be held throughout the day (time permitting) from the time the committee is initially convened.
Feb. 10, 2021: Public Hearing: 02/10/2021 11:15 am Members of the public may attend using the following link: To join the webinar: https://www.zoom.us/j/95521072179 / Executive session on pending legislation may be held throughout the day (time permitting) from the time the committee is initially convened.
Jan. 12, 2021: Introduced (in recess of) 01/06/2021 and referred to Commerce and Consumer Affairs HJ 2 P. 52
Jan. 6, 2021: Introduced (in recess of) 01/06/2021 and referred to Commerce and Consumer Affairs HJ 2 P. 52