HB1491 is a bill in the New Hampshire Legislature (2026 Regular Session): relative to pooled risk management programs.

What is the status of HB1491?

Vetoed as of August 19, 2026. Latest action: Reconsider HB1491 (Rep. N. Germana): MF VV 09/19/2026 HJ 16 P. 48 (August 19, 2026).

Who sponsored HB1491?

John Hunt (R, 14), with 3 co-sponsors.

Where is the official record for HB1491?

On the New Hampshire Legislature website: https://gc.nh.gov/bill_status/legacy/bs2016/bill_docket_report.aspx?lsr=2397&sy=2026

New Hampshire legislation · 2026 Regular Session

New Hampshire HB1491: relative to pooled risk management programs.

Q: What does HB1491 do?

In its own words: An act relative to pooled risk management programs. Rep. Porcelli, Rock. 19; Sen. Innis, Dist 7; Sen. Perkins Kwoka, Dist 21 COMMITTEE: Commerce and Consumer Affairs ----------------------------------------------------------------- AMENDED ANALYSIS This bill establishes and regulates political subdivision risk management programs, sets eligibility and reporting requirements, defines oversight and enforcement authority, outlines financial, investment, and solvency standards, and affirms tax exemptions and confidentiality provisions for such programs. - - - - - - - - - - - - - - - - - - - - - -.

Status: Vetoed, August 19, 2026

What the bill says

An act relative to pooled risk management programs. Rep. Porcelli, Rock. 19; Sen. Innis, Dist 7; Sen. Perkins Kwoka, Dist 21 COMMITTEE: Commerce and Consumer Affairs ----------------------------------------------------------------- AMENDED ANALYSIS This bill establishes and regulates political subdivision risk management programs, sets eligibility and reporting requirements, defines oversight and enforcement authority, outlines financial, investment, and solvency standards, and affirms tax exemptions and confidentiality provisions for such programs. - - - - - - - - - - - - - - - - - - - - - -.

From the enrolled text, June 4, 2026:

AN ACT relative to pooled risk management programs. Rep. Porcelli, Rock. 19; Sen. Innis, Dist 7; Sen. Perkins Kwoka, Dist 21 COMMITTEE: Commerce and Consumer Affairs ----------------------------------------------------------------- AMENDED ANALYSIS This bill establishes and regulates political subdivision risk management programs, sets eligibility and reporting requirements, defines oversight and enforcement authority, outlines financial, investment, and solvency standards, and affirms tax exemptions and confidentiality provisions for such programs. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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. 05/14/2026 1924s 26-2397 05/08 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty-Six AN ACT relative to pooled risk management programs. CHAPTER 420-R POLITICAL SUBDIVISION RISK MANAGEMENT PROGRAMS 420 that risk management can be achieved through the purchase of traditional …

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New Hampshire HB1491: relative to pooled risk management programs.

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