SB 119 – AS INTRODUCED

2011 SESSION

11-1038

01/10

SENATE BILL 119

AN ACT relative to qualified association trusts.

SPONSORS: Sen. Bradley, Dist 3; Sen. Stiles, Dist 24; Sen. Barnes, Jr., Dist 17; Sen. Boutin, Dist 16; Sen. Carson, Dist 14; Sen. Gallus, Dist 1; Sen. Lambert, Dist 13; Sen. Odell, Dist 8; Sen. Rausch, Dist 19; Sen. Sanborn, Dist 7; Rep. Hunt, Ches 7; Rep. Charron, Rock 7; Rep. Jennifer Coffey, Merr 6; Rep. Umberger, Carr 1; Rep. F. Rice, Rock 15

COMMITTEE: Commerce

ANALYSIS

This bill modifies the definition of a qualified association trust to enable certain entities to offer health insurance to their employees.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

11-1038

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT relative to qualified association trusts.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Health Insurance; Definitions. Amend the introductory paragraph of RSA 420-G:2, XV to read as follows:

XV. “Qualified association trust or other entity” means an association established trust or other entity run by an association that operated one or more other trusts that were in existence on January 1, 1995, and providing [health] coverage within the state of New Hampshire to at least 1,000 employees and/or the dependents of association members, which association:

2 Effective Date. This act shall take effect 60 days after its passage.