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HB 499 · 2025 · House · Commerce and Consumer Affairs Committee

Insurance law technical corrections

AI-generated

making technical corrections to certain insurance laws.

Makes technical corrections to various insurance statutes at the request of the insurance department.AI-generated

Status

Signed into law · July 22, 2025
  1. ✓Introduced
  2. ✓House
  3. ✓Senate
  4. ✓Governor
  5. ✓Law

Analysis

This bill makes various technical corrections to the insurance laws. The bill is a request of the insurance department.

From the bill's official ANALYSIS section.

In the bill's words

Quoted verbatim from the bill as enacted. Passages chosen from the operative text.Computed by this site

“Any licensed insurance company authorized to transact fire or casualty business in this state shall provide 120 days' notice to the insurance department and its appointed agents of record in New Hampshire of the insurance company's decision to cease writing an entire line of business.”
RSA 402:84
“The exemption in this subparagraph shall not permit a mortgage life insurance policy or certificate to cease, cancel or terminate solely on the basis of the mortgagor's age, until the mortgagor has reached the age of 80. 191:6 Insurance Department.”
RSA 402-B:1
“All stock companies organized on or after January 1, 2026, under the provisions of this chapter shall have a paid-up capital of at least [$800,000] $3,000,000.”
RSA 401:4
“Stock companies organized prior to?January 1, 2026, shall have and at all times maintain paid up capital of not less than the minimum capital required for the point in time at which the company was organized. 191:12 Domestic Life Insurance Companies;”
RSA 405:2

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. John HuntRPrimeChair· Commerce and Consumer Affairs

Public testimony

1 signed in online

100% support0% oppose0% neutral

Read the testimony · as of Aug 12, 2026

Votes

yeanay
Starting text: Bill as introduced
  • Mar 5, 2025HouseCommittee report· consent calendar: Ought to Pass with Amendment # 2025-0364h17–0
    Overall
    100% yea
  • Mar 13, 2025HouseVoice voteAmendment 2025-0364hadopted
  • Mar 13, 2025HouseVoice voteOught to Pass with Amendment 2025-0364hadopted
    Resulting text: Bill as amended by the House
  • May 8, 2025SenateCommittee report: Ought to Pass5–0
    Overall
    100% yea
  • May 22, 2025SenateCommittee report: Ought to Pass5–0
    Overall
    100% yea
  • May 22, 2025SenateVoice voteOught to Passadopted
  • Jun 5, 2025SenateCommittee report: Ought to Pass7–1
    Overall
    88% yea
  • Jun 5, 2025SenateVoice voteOught to Passadopted
  • Jun 26, 2025SenateVoice voteEnrolledadopted

Hearings and debates

  • Jan 29, 2025Public hearingHouse Commerce and Consumer Affairs4:05:15–4:10:084m 53slocated in the stream transcriptPublic Hearing
  • Feb 12, 2025Public hearingHouse Commerce and Consumer AffairsWatchnot located in the transcript — opens the full streamSubcommittee Work Session
  • Mar 5, 2025Public hearingHouse Commerce and Consumer Affairs39:40–42:553m 15slocated in the stream transcriptCommittee Report: Ought to Pass with Amendment # 2025-0364h; Executive Session
  • Mar 13, 2025Floor debateHouse floorWatchnot located in the transcript — opens the full streamOught to Pass with Amendment 2025-0364h — adopted, voice vote; Amendment # 2025-0364h — adopted, voice vote; Referred to Ways and Means
  • Apr 8, 2025Public hearingSenate Commerce1:59:17–1:59:4023slocated in the stream transcriptHearing
  • May 22, 2025Floor debateSenate floor27:10–29:081m 58slocated in the stream transcriptCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote; Special Order to — adopted
  • Jun 5, 2025Floor debateSenate floorWatchnot located in the transcript — opens the full streamCommittee Report: Ought to Pass; Ought to Pass — adopted, voice vote; Without Objection, the Clerk is authorized to make technical and administrative corrections which are necessary to reflect the intent of the Senate — adopted
  • Jun 26, 2025Floor debateSenate floorWatchnot located in the transcript — opens the full streamEnrolled Adopted — voice vote

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 9, 2025HouseIntroduced (in recess of) 01/09/2025 and referred to Commerce and Consumer Affairs HJ 3 P. 13
  2. Jan 29, 2025HousePublic Hearing: 01/29/2025 01:45 pm LOB 302-304
  3. Feb 12, 2025HouseSubcommittee Work Session: 02/12/2025 10:45 am LOB 302-304
  4. Mar 5, 2025HouseExecutive Session: 03/05/2025 10:00 am LOB 302-304
  5. Mar 5, 2025HouseCommittee Report: Ought to Pass with Amendment # 2025-0364h 03/05/2025 (Vote 17-0; CC)
  6. Mar 13, 2025HouseAmendment # 2025-0364h: AA VV 03/13/2025 HJ 8 P. 7
  7. Mar 13, 2025HouseOught to Pass with Amendment 2025-0364h: MA VV 03/13/2025 HJ 8 P. 7
  8. Mar 13, 2025HouseReferred to Ways and Means 03/13/2025 HJ 8 P. 8
  9. Mar 13, 2025HouseReferral Waived by Committee Chair per House Rule 47(f) 03/13/2025 HJ 8 P. 76
  10. Mar 13, 2025SenIntroduced 03/13/2025 and Referred to Commerce; SJ 8
  11. Apr 8, 2025SenHearing: 04/08/2025, Room 100, SH, 10:55 am; SC 16
  12. May 8, 2025Sen: Ought to Pass, 05/08/2025; Vote 5-0; CC; SC 20
  13. May 8, 2025SenHB 499 was Removed from the Consent Calendar; 05/08/2025; SJ 12
  14. May 22, 2025SenSpecial Order to 05/22/2025, Without Objection, MA; 05/08/2025 SJ 12
  15. May 22, 2025SenCommittee Report: Ought to Pass, 05/22/2025, Vote 5-0; SC 22
  16. May 22, 2025SenOught to Pass: MA, VV; Refer to Finance Rule 4-5; 05/22/2025; SJ 14
  17. Jun 5, 2025Sen: Ought to Pass, 06/05/2025; Vote 7-1; CC; SC 24
  18. Jun 5, 2025SenOught to Pass: MA, VV; OT3rdg; 06/05/2025; SJ 15
  19. Jun 5, 2025SenWithout Objection, the Clerk is authorized to make technical and administrative corrections which are necessary to reflect the intent of the Senate, MA; 06/05/2025; SJ 15
  20. Jun 26, 2025HouseEnrolled (in recess of) 06/26/2025 HJ 18 P. 59
  21. Jun 26, 2025SenEnrolled Adopted, VV, (In recess 06/26/2025); SJ 18
  22. Jul 15, 2025HouseSigned by Governor Ayotte 07/15/2025; Chapter 191; eff. 09/13/2025 HJ 18

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.