Maddy summaryThis bill updates New Hampshire laws governing trusts to clarify how assets are managed and distributed, primarily affecting trustees, trust advisors, and the beneficiaries of these financial arrangements. It introduces a "unitrust" mechanism that allows trustees to distribute a fixed percentage of a trust's total value, ranging from 3% to 5%, rather than relying solely on investment income, which helps stabilize payouts when market values fluctuate. The legislation also establishes specific rules for calculating these distributions, such as using average asset values over multiple years and defining the order in which different types of earnings are used to fund payments. Additionally, the bill clarifies the responsibilities of trustees and other fiduciaries regarding the correction of past breaches of trust and removes the duty for certain advisors to monitor the actions of trustees. These changes aim to provide clearer guidance on managing trust assets while ensuring consistent and predictable distributions for beneficiaries.
Sponsored bills
Maddy summaryThis bill creates a specific criminal offense for assaulting or harassing sports officials, such as referees, umpires, or timers, while they are working at a sports event. It applies to anyone who commits acts of violence or threats against these officials in designated areas like the field, parking lots, or spectator zones, treating these actions with the same legal penalties as standard assault charges. Additionally, the law allows courts to ban convicted individuals from participating in sports events for a set period, up to life for repeat offenses but no more than 12 months for a first violation. The legislation is designed to protect both paid and volunteer officials who enforce rules during organized amateur or professional athletic contests.
Maddy summaryThis bill establishes a program to study the costs of providing ground ambulance services in the state and creates a reporting requirement for all ambulance providers. An independent expert will analyze financial data submitted by these providers to develop a suggested reimbursement rate schedule for commercial insurance payers, ensuring providers can cover costs while maintaining readiness for emergencies. The study, which must be completed by December 31, 2024, will also estimate how these rates might affect insurance premiums and will be funded by a special assessment on health plans. Once finished, the final report detailing these findings will be sent to state officials and legislative committees.
Maddy summaryThis bill modifies how dog license fees are collected and allocated in New Hampshire while repealing several older designated funds. It establishes a new $1.75 companion animal population control fee for dog owners, which must be deposited into a specific fund for animal neutering, and reduces the standard license fee to $1.75 for owners aged 65 or older who license only one dog. Additionally, the legislation redirects remaining money from the pesticides training program fund to the pesticides control fund and officially repeals multiple previous laws that created separate funds for items like body-worn camera equipment, emergency vehicle warning signs, and state heating system savings. These changes take effect on July 1, 2024, for the dog fee provisions, with the rest of the bill becoming active 60 days after passage.
Maddy summaryThis bill requires employers in New Hampshire to display a poster informing employees about benefits and services available to veterans. The state labor commissioner will create and distribute this notice, which must be placed in a location accessible to all staff. The poster will list resources such as mental health support, education and training options, tax benefits, and contact information for the Department of Veterans Affairs. Employers must comply with this requirement starting 60 days after the law takes effect.
Maddy summaryThis bill creates a special committee to study emergency mental health services for people aged 21 and under in New Hampshire. The committee, made up of five state legislators, will review current laws, insurance coverage, and claims data to identify gaps in behavioral health care for youth. It will also gather expert testimony and assess whether insurance plans are following fairness rules regarding mental health coverage. By November 1, 2024, the group must submit a report with its findings and any suggested new laws to state leaders and the governor.
Maddy summaryThis New Hampshire bill prohibits health insurance companies, pharmacy benefit managers, and other payers from treating entities differently because they participate in the federal 340B Drug Pricing Program. Specifically, the law forbids these payers from imposing stricter network rules or lower reimbursement rates for drugs covered under the program compared to those offered to other providers. The measure directly affects hospitals and clinics that use the 340B program to purchase discounted medications, ensuring they face the same terms as other healthcare entities. By banning discrimination based on this specific federal participation, the bill aims to maintain equal access to reimbursement and network participation for all covered entities in the state.
Maddy summaryThis bill establishes new definitions and rules for prior authorization processes used by health insurance carriers and utilization review entities in New Hampshire. It requires these organizations to create written clinical review criteria based on current medical standards and to update them at least every two years with input from practicing providers. The law mandates that prior authorization requirements be clearly published on carrier websites in plain language and that providers receive at least 60 days' notice before any new restrictions take effect. Additionally, the bill ensures that medical necessity decisions are made by qualified health care providers under the direction of a licensed medical director.
Maddy summaryThis bill requires law enforcement agencies in New Hampshire to submit hate crime reports to the state police at least twice a year. The reports must detail the number of offenses and arrests, and the state police will publish these statistics on their website every 45 days. A hate crime is defined as any offense where an officer suspects the crime was motivated by bias against characteristics such as race, religion, sexual orientation, or disability. The law takes effect on September 1, 2024, and applies to all police departments operating within the state.
Maddy summaryThis bill updates the rules for inspecting state dams and creates a new committee to study how to better fund their upkeep. It requires the Department of Environmental Services to regularly inspect dams that could threaten public safety and sets specific conditions under which a dam previously classified as safe must be re-evaluated. The legislation also directs that money earned from leasing or selling state dams be used to pay off existing debt and repair other dams, while establishing a committee of legislators to review current funding methods and propose new solutions by November 2024.