Bill Text: NH HB1340 | 2016 | Regular Session | Chaptered
Bill Title: Relative to producer licensing.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2016-05-24 - Signed by Governor Hassan 05/20/2016; Chapter 109; Eff. 7/19/2016 [HB1340 Detail]
Download: New_Hampshire-2016-HB1340-Chaptered.html
CHAPTER 109
HB 1340 - FINAL VERSION
2016 SESSION
16-2445
01/08
HOUSE BILL 1340
AN ACT relative to producer licensing.
SPONSORS: Rep. Butler, Carr. 7; Rep. Hunt, Ches. 11; Rep. Flanders, Belk. 3
COMMITTEE: Commerce and Consumer Affairs
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ANALYSIS
This bill requires that insurance producers licensed under RSA 402-J complete certain education requirements every 2 years.
This bill is a request of the insurance department.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
16-2445
01/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT relative to producer licensing.
Be it Enacted by the Senate and House of Representatives in General Court convened:
109:1 Insurance; Fees. RSA 400-A:29, XIII is repealed and reenacted to read as follows:
XIII. Other licensing documents; producer, consultant, adjuster, public adjuster; copies (all documents) $1 per page.
109:2 New Section; Insurance; Producer Licensing; Continuing Education. Amend RSA 402-J by inserting after section 7 the following new section:
402-J:7-a Continuing Education. Every 2 years, at least 60 days prior to the renewal date of their license, persons holding a producers license shall be certified by the insurance department as having completed 24 hours of continuing education instruction. Of the 24 continuing education hours required, at least 3 hours, but no more than 10 hours, shall consist of courses approved for ethics credit. Such continuing education instruction shall be approved by the insurance department. If a nonresident has complied with the continuing education requirements of his or her state of residence, he or she shall not be required to comply with requirements of this section.
109:3 Effective Date. This act shall take effect 60 days after its passage.
Approved: May 20, 2016
Effective Date: July 19, 2016
