HB1491 CR 5.12.2026 FIN — Senate Committee Report

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STATE OF NEW HAMPSHIRE

 

SENATE

 

REPORT OF THE COMMITTEE

FOR THE CONSENT CALENDAR

 

Tuesday, May 12, 2026

 

THE COMMITTEE ON Finance

 

to which was referred HB 1491

 

AN ACT relative to pooled risk management programs.

 

 

Having considered the same, the committee recommends that the Bill

 

OUGHT TO PASS WITH AMENDMENT

 

BY A VOTE OF: 7-0

 

AMENDMENT # 2026-1924s

 

 

Senator James Gray

For the Committee

 

 

This bill provides an insurance alternative to the RSA 5-B risk pool program.  HB 1491 provides for a non-assessable program using Risk Based Capital (RBC) to determine the member rates.

 

 

Deb Martone  271-4980

 

FOR THE CONSENT CALENDAR

 

Finance

HB 1491, relative to pooled risk management programs.

Ought to Pass with Amendment, Vote 7-0.

Senator James Gray for the committee.

This bill provides an insurance alternative to the RSA 5-B risk pool program.  HB 1491 provides for a non-assessable program using Risk Based Capital (RBC) to determine the member rates.