SB325 (2024) Detail

Establishing a committee to study the issue of insurance appraiser licensing.


SB 325  - AS INTRODUCED

 

 

2024 SESSION

24-2936

05/02

 

SENATE BILL 325

 

AN ACT establishing a committee to study the issue of insurance appraiser licensing.

 

SPONSORS: Sen. Fenton, Dist 10; Sen. Ward, Dist 8; Sen. Watters, Dist 4; Rep. Creighton, Hills. 30

 

COMMITTEE: Commerce

 

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ANALYSIS

 

This bill establishes a committee to study the issue of insurance appraiser licensing.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2936

05/02

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT establishing a committee to study the issue of insurance appraiser licensing.

 

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

 

1  Committee Established.  There is established a committee to study the issue of insurance appraiser licensing.

2  Membership and Compensation.

I.  The members of the committee shall be as follows:

(a)  One member of the senate, appointed by the president of the senate.

(b)  Four members of the house of representatives, appointed by the speaker of the house of representatives.

II.  Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3  Duties.  

I.  The committee shall study the current unlicensed appraisal system and whether licensing of insurance appraisers would increase consumer protections for insured and claimants. The committee shall also review the status of the utilization of photographic or electronic application based appraisal services.

II.  The committee shall solicit information and testimony from the admitted insurers, licensed adjusters, licensed producers, and others with experience or expertise relevant to the study, including but not limited to:

(a)  The insurance commissioner, or the commissioner's designee.

(b)  The insurance industry.

(c)  Members of the public.

4  Chairperson; Quorum.  The members of the study committee shall elect a chairperson from among the members.  The first meeting of the committee shall be called by the senate member.  The first meeting of the committee shall be held within 45 days of the effective date of this section.  Three members of the committee shall constitute a quorum.

5  Report.  The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2024.

6  Effective Date.  This act shall take effect upon its passage.

Links


Date Body Type
Jan. 9, 2024 Senate Hearing
Jan. 18, 2024 Senate Floor Vote
Jan. 18, 2024 Senate Floor Vote
April 30, 2024 House Hearing
May 15, 2024 House Exec Session
May 15, 2024 House Floor Vote

Bill Text Revisions

SB325 Revision: 39990 Date: Dec. 8, 2023, 3:42 p.m.

Docket


May 23, 2024: Inexpedient to Legislate: MA VV 05/23/2024 HJ 14


May 16, 2024: Committee Report: Inexpedient to Legislate 05/15/2024 (Vote 18-0; CC) HC 20 P. 5


May 8, 2024: Executive Session: 05/15/2024 10:00 am LOB 302-304


May 1, 2024: Subcommittee Work Session: 05/08/2024 01:15 pm LOB 302-304


April 9, 2024: Public Hearing: 04/30/2024 01:30 pm LOB 302-304


Feb. 29, 2024: Introduced (in recess of) 02/22/2024 and referred to Commerce and Consumer Affairs HJ 6


Jan. 18, 2024: Ought to Pass: MA, VV; OT3rdg; 01/18/2024; SJ 2


Jan. 10, 2024: Committee Report: Ought to Pass, 01/18/2024; Vote 5-0; CC; SC 3


Jan. 10, 2024: Committee Report: Ought to Pass, 01/18/2024; Vote 5-0; CC; SC 3


Dec. 19, 2023: Hearing: 01/09/2024, Room 100, SH, 09:10 am; SC 49


Dec. 8, 2023: To Be Introduced 01/03/2024 and Referred to Commerce; SJ 1