New HampshireMember insurers can claim covered payments as ten-year tax credits
Member insurance companies can reduce their state insurance taxes over ten years for covered assessments made after September 13, 2026.
What it does
Member insurance companies can claim 10 percent of covered assessment payments as tax credits each year for ten years. This applies to assessments made after September 13, 2026.
Sports betting operators and bettors are exempt from criminal gambling rules when their activities are authorized under New Hampshire's sports wagering law.
Argument forThe explicit exception could help authorized sports betting operators and bettors understand which activities are protected from criminal gambling charges.
Argument againstSpreading tax credits over ten years could leave insurers waiting years to recover payments made to cover another insurer's unpaid obligations.
More detail
Member insurance companies may use covered assessment payments to reduce their state insurance taxes. This covers member insurers' payments to the New Hampshire Life and Health Insurance Guaranty Association for life insurance and annuities, plus health-account payments solely for disability income coverage. Covered assessments include additional charges tied to insurers already declared financially troubled or unable to pay their obligations. An insurer that stops doing business may claim all remaining covered assessment credits in that year. The ten consecutive calendar years begin immediately following the year the assessment was paid. The provision took effect September 13, 2026.
The law exempts authorized sports betting operations and participation from criminal gambling rules. The exception covers sports betting operators and people placing sports bets. The operation or participation must be authorized under New Hampshire's sports wagering law, RSA 287-I. The sports betting provision took effect July 15, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 20Signed by Governor Kelly Ayotte Ayotte 07/15/2026; Chapter 322; eff. I. Sec 1 eff 9/13/2026 II. Rem eff 7/15/2026Became Law
- Jul 6Enrolled Adopted, VV, (In recess 06/04/2026); SJ 15To Governor
- Jul 6Enrolled (in recess of) 06/04/2026 HJ 15 P. 56
- Jun 23Enrolled Bill Amendment # 2026-2179e: AA VV (in recess of) 06/04/2026 HJ 15 P. 52
- Jun 23Enrolled Bill Amendment # 2026-2179e Adopted, VV, (In recess of 06/04/2026); SJ 14Major
- Jun 4Conference Committee Report 2026-2060c: Adopted, VV 06/04/2026 HJ 15 P. 18
- Jun 4Conference Committee Report # 2026-2060c, Adopted, VV; 06/04/2026; SJ 14
- Jun 1Removed from Consent (Reps. Mary Murphy, Janigian, Ford, Cole, Ulery, Soti, Schamberg, Tierney, Almy, Southworth) 06/01/2026 HJ 15 P. 12
- May 28Conference Committee Report Filed, # 2026-2060c; 06/04/2026
- May 26Conferee Change: Rep. Osborne Replaces Rep. Almy 05/26/2026 HJ 14 P. 35
- May 26Conference Committee Meeting: 05/26/2026 10:00 am GP 229
- May 21Speaker Appoints: Reps. Janigian, Ulery, Almy, Ford 05/21/2026 HJ 14 P. 23
- May 21House Non-Concurs with Senate Amendment 2026-1320s and Requests CofC (Rep. Janigian): MA VV 05/21/2026 HJ 14 P. 23
- May 21President Appoints: Senators Lang, Murphy, Rosenwald; 05/21/2026; SJ 13
- May 21Sen. Lang Accedes to House Request for Committee of Conference, MA, VV; 05/21/2026; SJ 13
- May 7Ought to Pass: MA, VV; OT3rdg; 05/07/2026; SJ 11Passed Senate
- Apr 24Committee Report: Ought to Pass, 05/07/2026; Vote 7-0; CC; SC 17Minor
- Apr 9Committee Amendment # 2026-1320s, AA, VV; 04/09/2026; SJ 8
- Apr 9Ought to Pass with Amendment #2026-1320s, MA, VV; Refer to Finance Rule 4-5; 04/09/2026; SJ 8Minor
- Apr 2Committee Report: Ought to Pass with Amendment # 2026-1320s, 04/09/2026; Vote 5-0; CC; SC 13Minor
- Mar 25Hearing: 04/01/2026, Room 122-123, SH, 09:40 am, on proposed non-germane amendment # 2026-1237s; SC 12Minor
- Mar 25Hearing: 04/01/2026, Room 122-123, SH, 09:30 am; SC 12
- Mar 17Introduced 03/12/2026 and Referred to Ways and Means; SJ 7Minor
- Mar 12Ought to Pass with Amendment 2026-0799h: MA DV 336-2 03/12/2026 HJ 8 P. 80Passed House
- Mar 12Amendment # 2026-0799h: AA VV 03/12/2026 HJ 8 P. 80
- Feb 25Minority Committee Report: Refer for Interim Study
- Feb 25Majority Committee Report: Ought to Pass with Amendment # 2026-0799h 02/18/2026 (Vote 16-1; RC) HC 10 P. 75Minor
- Feb 11==CONTINUED== Executive Session: 02/18/2026 11:00 am GP 154
- Feb 5Full Committee Work Session: 02/09/2026 10:00 am GP 159
- Feb 5==RECESSED== Executive Session: 02/09/2026 11:00 am GP 159
- Jan 27Full Committee Work Session: 02/02/2026 01:00 pm GP 159
- Jan 27==CANCELLED== Executive Session: 02/02/2026 02:00 pm GP 159
- Jan 23Public Hearing: 01/29/2026 10:00 am GP 154
- Jan 21==CANCELLED== Public Hearing: 01/26/2026 10:00 am GP 159
- 2025
- Dec 1Introduced 01/07/2026 and referred to Ways and Means HJ 1 P. 10Introduced
Taxes & BudgetCriminal Justice