HB 1194 (2026)
Modify how insurance companies can claim tax credits for assessments
This bill is still active.
Modifies how insurance companies can claim tax credits for assessments paid to the NH Life and Health Insurance Guaranty Association (NHLHIGA). In particular, this bill allows member insurers to offset assessments paid to the Life and Health Insurance Guaranty Association against their premium tax liability at a rate of 10% per year for ten years. According to the NH Insurance Department, the intent of this bill is to limit large, unpredictable revenue losses in years with high NHLHIGA assessments.
The Senate amended the bill to also exempts conduct of a sports book or participation in sports wagering from criminal gambling laws in certain instances.
The data you see here is pulled daily from official government databases. The bill summary is created by Citizens Count staff. Learn more about our methodology for summarizing and updating bills. Visit the official New Hampshire government website for a deep-dive on this bill.
