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HB1348: repealing the exemption for certain transactions under the consumer protection act.

Citation
2016 HB1348
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

House status
Inexpedient to Legislate
Committee
HOUSE Commerce and Consumer Affairs
Hearing
01/28/2016 at 02:15 PM
Selected version
Current official bill text

Sponsors

Topics

Commerce and Consumer Affairs

Official links

HB 1348 - AS INTRODUCED

2016 SESSION

16-2470

05/09

HOUSE BILL 1348

AN ACT repealing the exemption for certain transactions under the consumer protection act.

SPONSORS: Rep. Luneau, Merr. 10; Rep. Myler, Merr. 10; Rep. Weyler, Rock. 13; Rep. Butler, Carr. 7; Rep. Fraser, Belk. 1; Sen. Feltes, Dist 15

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill removes the exemption from the consumer protection act for trade or commerce under the jurisdiction of financial institutions and insurance regulators of other state and federal banking or securities regulators.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

16-2470

05/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Sixteen

AN ACT repealing the exemption for certain transactions under the consumer protection act.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Regulation of Business Practices for Consumer Protection; Exempt Transactions. Amend RSA 358-A:3, I to read as follows:

I. Trade or commerce that is subject to the jurisdiction of the bank commissioner, the director of securities regulation, the insurance commissioner, and the public utilities commission[, the financial institutions and insurance regulators of other states, or federal banking or securities regulators who possess the authority to regulate unfair or deceptive trade practices]. This paragraph includes trade or commerce under the jurisdiction of, and regulated by, the bank commissioner pursuant to RSA 361-A, relative to retail installment sales of motor vehicles.

2 Effective Date. This act shall take effect January 1, 2017.