Amendment 2024-2164s to HB1259 (2024)

Relative to property and casualty insurance laws administered by the insurance department.


Revision: May 23, 2024, 3:52 p.m.

Sen. Bradley, Dist 3

May 23, 2024

2024-2164s

05/08

 

 

Floor Amendment to HB 1259

 

Amend the title of the bill by replacing it with the following:

 

AN ACT relative to property and casualty insurance laws administered by the insurance department; and making an appropriation to the department of environmental services to fund regional drinking water infrastructure.

 

Amend the bill by replacing all after section 5 with the following:

 

6  Department of Environmental Services; Appropriation.  The sum of $25,000,000 for the fiscal year ending June 30, 2025 is hereby appropriated to the department of environmental services from a combination of federal funds, the drinking water and groundwater trust fund established under RSA 485-F, the PFAS remediation loan and grant fund established under RSA 485-H, and local contributions for the purpose of funding regional drinking water infrastructure as part of Phase 2 of the Southern New Hampshire Regional Water Project to increase water supply by over 2 million gallons per day to multiple towns impacted by per- and polyfluoroalkyl substance contamination and growing water demands.  The infrastructure shall include all ancillary projects needed, including but not limited to booster pumping stations, pressure reducing stations, water storage tanks, water mains, raising the water level of Lake Massabesic, and all associated design and construction permits.  This sum shall be nonlapsing.

7  Effective Date.

I.  Section 6 of this act shall take effect July 1, 2024.

II.  The remainder of this act shall take effect January 1, 2025.

2024-2164s

AMENDED ANALYSIS

 

This bill clarifies the distinction between personal and commercial lines in homeowners policies; permits the use of electronic communication for auditable basis policies; requires the insurer to state the specific reason for cancellation or refusal to renew a policy; and provides an exemption to the insurance claims adjusters statute for persons who solely handle automobile glass claims.

 

The bill also makes an appropriation to the department of environmental services for the funding of regional drinking water infrastructure as part of Phase 2 of the Southern New Hampshire Regional Water Project to increase water supply to multiple towns impacted by PFAS contamination and growing water demands.