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HB 359 · 2026 · House · Commerce and Consumer Affairs Committee

Banning bias in banking and insurance

AI-generated

prohibiting denial of banking and insurance services based on any factor that is not quantitative, impartial, and risk-based as measured by an objective standard.

Requires financial institutions and insurers to use objective, quantitative, risk-based criteria when providing services and prohibits denying or canceling services based on certain personally held beliefs.AI-generated

Status

Referred to interim study (House) · January 7, 2026
  1. ✓Introduced
  2. ✕House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill requires that financial institutions and insurers use objective information when providing banking services and prohibits those institutions from denying or canceling services based certain personally held beliefs.

From the bill's official ANALYSIS section.

In the bill's words

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

“In this section, "financial institution" means a state or national bank, a savings and loan association, savings bank, credit union, industrial loan and thrift company, or mortgage lender.”
Section 1
“Insurers shall make determinations about the provision of services based on an analysis of sound underwriting and actuarial principles related to actual or reasonably anticipated loss experience unique to each current or prospective customer and shall not engage in a practice described in subparagraph (b).”
Section 2
“Financial institutions shall make determinations about the provision or denial of services based on an analysis of risk factors unique to each current or prospective customer and shall not engage in a practice described in paragraph III.”
Section 1
“A financial institution shall not deny or cancel its services to a person, or otherwise discriminate against a person in making available such services or in the terms or conditions of such services, on the basis of any of the following:”
Section 1

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. Travis CorcoranRPrime
  • Rep. Ross BerryRChair· Election Law
  • Rep. Tom MannionRAssistant Majority Whip

Also: Rep. Mike BelcherR

Public testimony

No one submitted online testimony on this bill. See the record

Votes

yeanay
Starting text: Bill as introduced
  • Oct 28, 2025HouseCommittee report· consent calendar: Refer for Interim Study15–2
    Overall
    88% yea
  • Jan 7, 2026HouseVoice voteRefer for Interim Studyadopted

Hearings and debates

  • Jan 15, 2025Public hearingHouse Commerce and Consumer Affairs1:55:40–2:00:595m 19slocated in the stream transcriptPublic Hearing
  • Jan 22, 2025Public hearingHouse Commerce and Consumer AffairsWatchnot located in the transcript — opens the full stream==CANCELLED== Subcommittee Work Session; Subcommittee Work Session
  • Jan 30, 2025Public hearingHouse Commerce and Consumer Affairs1:39:34–1:40:2854slocated in the stream transcriptExecutive Session
  • Mar 12, 2025Public hearingHouse Commerce and Consumer AffairsWatchnot located in the transcript — opens the full streamSubcommittee Work Session
  • Mar 19, 2025Public hearingHouse Commerce and Consumer AffairsWatchnot located in the transcript — opens the full streamExecutive Session; Retained in Committee
  • Sep 10, 2025Public hearingHouse Commerce and Consumer AffairsWatchnot located in the transcript — opens the full streamFull Committee Work Session
  • Oct 28, 2025Public hearingHouse Commerce and Consumer Affairs1:25:39–1:30:194m 40slocated in the stream transcriptCommittee Report: Refer for Interim Study; Executive Session
  • Jan 7, 2026Floor debateHouse floorWatchnot located in the transcript — opens the full streamRefer for Interim Study — adopted, voice vote

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

Legislative history

  1. Jan 8, 2025HouseIntroduced 01/08/2025 and referred to Commerce and Consumer Affairs HJ 2 P. 16
  2. Jan 15, 2025HousePublic Hearing: 01/15/2025 11:00 am LOB 302-304
  3. Jan 22, 2025House==CANCELLED== Subcommittee Work Session: 01/22/2025 10:00 am LOB 302-304
  4. Jan 22, 2025HouseSubcommittee Work Session: 01/22/2025 01:15 am LOB 302-304
  5. Jan 30, 2025HouseExecutive Session: 01/30/2025 11:00 am LOB 302-304
  6. Mar 12, 2025HouseSubcommittee Work Session: 03/12/2025 10:00 am LOB 302-304
  7. Mar 19, 2025HouseExecutive Session: 03/19/2025 10:00 am LOB 302-304
  8. Mar 19, 2025HouseRetained in Committee
  9. Sep 10, 2025HouseFull Committee Work Session: 09/10/2025 10:00 am GP 229
  10. Oct 28, 2025HouseExecutive Session: 10/28/2025 11:00 am GP 229
  11. Oct 28, 2025House: Refer for Interim Study 10/28/2025 (Vote 15-2; CC) HC 51 P. 4
  12. Jan 7, 2026HouseRefer for Interim Study: MA VV 01/07/2026 HJ 1 P. 45

Coverage

No reporting linked yet.

Documents (PDF)

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