HB1194 Relative to credits for assessments paid by insurers and relative to the application of criminal gambling statutes.
Relative to credits for assessments paid by insurers and relative to the application of criminal gambling statutes.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Concerning
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
The bill does not reduce total state revenue but changes the timing of when insurance companies can claim tax credits, with indeterminable fiscal impact depending on future insolvencies that cannot be predicted.
Your Community
The bill has no direct impact on community services, schools, or local infrastructure as it only adjusts tax credit mechanics for insurance companies.
Your Freedom
The sports wagering amendment is a technical clarification that aligns criminal code with existing sports wagering law and does not meaningfully expand or restrict individual rights.
Status
Signed by Governor Ayotte 07/15/2026; Chapter 322; eff. I. Sec 1 eff 9/13/2026 II. Rem eff 7/15/2026
Sponsor
John Janigian (R)
The Short Version
This bill makes two changes: it spreads out insurance company tax credits for guaranty association assessments over 10 years at 10% annually instead of 5 years at 20% annually, and it clarifies that legal sports wagering is exempt from criminal gambling laws. The first change delays state revenue recovery when insurance companies become insolvent; the second is a housekeeping clarification with no practical effect.
Who's Behind This Bill?
Who Benefits
- ▲ Insurance companies paying Life and Health Insurance Guaranty Association assessments (by spreading tax credit claims over longer period)
- ▲ State General Fund in years immediately following high insolvency assessments (by reducing immediate tax credit claims)
Who Pays the Price
- ▼ State General Fund in later years when insurance company tax credits are claimed (by deferring revenue recovery)
- ▼ Insurance policyholders indirectly (if reduced insurance company cash flow affects service or premiums, though not specified in bill)
Bill statuses as of October 7, 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.