New Hampshire legislation · 2025 Regular Session
New Hampshire HB1255: removing the requirement of more evidence than a campaign contribution to demonstrate that a vote, appointment or nomination was
Status: Failed, March 5, 2026
removing the requirement of more evidence than a campaign contribution to demonstrate that a vote, appointment or nomination was a corrupt practice.
What the bill says
An act relative to pooled risk management programs. Sen. Gray, Dist 6 COMMITTEE: Finance ----------------------------------------------------------------- AMENDED ANALYSIS This bill: I. Enables the secretary of state to require abatement of insufficient assets or to seek receivership, if necessary, of a pooled risk management program. II. Requires assessment of each participating member of the pooled risk management program on a pro rata basis to satisfy the amount of the deficiency. III. Requires the governing board of the pooled risk management program to use a standard of care, diligence, p.
From the introduced text:
AN ACT relative to pooled risk management programs. Sen. Gray, Dist 6 COMMITTEE: Finance ----------------------------------------------------------------- AMENDED ANALYSIS This bill: I. Enables the secretary of state to require abatement of insufficient assets or to seek receivership, if necessary, of a pooled risk management program. II. Requires assessment of each participating member of the pooled risk management program on a pro rata basis to satisfy the amount of the deficiency. III. Requires the governing board of the pooled risk management program to use a standard of care, diligence, prudence, and skill in the management of the program. IV. Provides for the assessment of a pooled risk management program's participating members, if required, after an actuarial calculation. V. Provides for contingency reserve standards depending on the pooled risk management programs line of coverage and requiring a contingency reserve replenishment if a program's contingency reserves fall below the minimum level. VI. Requires pooled risk management programs to make certain public disclosures to prospective and actual member political subdivisions. VII. Makes technical corrections to the pooled risk management program chapter. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - …