Skip to main content

HB 1491 (2026)

Change regulation of pooled risk management programs

This bill is still active.

Last updated 2026-06-15 1:47 pm
Summary:

Regulates pooled risk management programs by distinguishing between assessment and advance premium programs, requiring licensure for the latter, and establishing financial solvency standards.

The Senate rewrote the bill. Their version of the bill establishes and regulates political subdivision risk management programs. According to a report from the Senate Finance 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."

Bill Sponsor:
John B. Hunt
Republican party logo
Status:
PASSED
Public Hearing Date:
04/07/2026 01:30 pm
Public Hearing Location:
SH Room 103
House Voting Date:
05/21/2026
Senate Voting Date:
05/14/2026
Browse related articles and bills:
Thank you to our sponsors and donors