HB 696 – AS AMENDED BY THE HOUSE
27Mar2007… 0786h
2007 SESSION
07-0569
01/09
HOUSE BILL 696
AN ACT reclassifying certain positions in the insurance department.
SPONSORS: Rep. Reardon, Merr 11; Rep. McLeod, Graf 2; Rep. D. Flanders, Belk 4; Rep. Headd, Rock 3
COMMITTEE: Commerce
ANALYSIS
This bill reclassifies certain positions in the insurance department.
This bill is a request of the insurance department.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
27Mar2007… 0786h
07-0569
01/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT reclassifying certain positions in the insurance department.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Insurance Department; Positions Deleted. The following positions shall be transferred from classified to unclassified positions:
Position # 40861 Property and casualty Labor Grade 32
actuarial analyst
Position # 41765 Compliance and Labor Grade 32
enforcement counsel
Position # 10966 Insurance company Labor Grade 32
examiner
2 Insurance Department; Positions Reclassified. Amend RSA 94:1-a, I(b) as follows:
Notwithstanding RSA 17-A:7, insert:
DD Insurance department Senior insurance
fraud investigator
EE Insurance department Property and casualty
actuarial analyst
EE Insurance department Compliance and
enforcement council
3 Effective Date. This act shall take effect 60 days after its passage.
LBAO
07-0569
Amended 04/05/07
HB 696 FISCAL NOTE
AN ACT reclassifying certain positions in the insurance department.
FISCAL IMPACT:
The Department of Administrative Services has determined this bill, as amended by the House (Amendment #2007-0786h), may decrease state restricted revenue and expenditures by an indeterminable but equal amount in FY 2008 and each year thereafter. There will be no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Department of Administrative Services states this amendment reclassifies three positions at the Department of Insurance from classified to unclassified positions. Currently the positions are at classified labor grade 32. Two of these positions will change to unclassified salary grade EE and one will change to unclassified salary grade DD. This reclassification of three positions will decrease expenditures in FY 2008 and each year thereafter. The Department of Insurance is funded by fees and therefore any decrease in expenditures results in an equivalent decrease in revenue as fees are adjusted. The Department assumes the positions are filled for the entire FY 2008, are currently at step one of the classified salary grade, will be at the minimum step on the unclassified salary grade, and benefits are calculated at 48.3%. Based on these assumptions, the Department calculates the decrease in expenditures as follows:
