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Bill > HB106


NH HB106

NH HB106
Establishing a commission to determine the monetary costs of climate damage to the state of New Hampshire and the best means of recouping such costs.


summary

Introduced
12/26/2024
In Committee
01/30/2025
Crossed Over
Passed
Dead
02/06/2025

Introduced Session

2025 Regular Session

Bill Summary

This bill establishes a commission to determine the financial cost of climate damage to New Hampshire and methods of recouping such costs.

AI Summary

This bill establishes a multi-member commission to comprehensively study and assess the potential financial impacts of climate change on New Hampshire over the next 20 and 50 years. The commission will consist of 9 members, including legislators from both the House and Senate, representatives from state agencies and business/environmental sectors, who will investigate and estimate the likely climate damage scenarios affecting the state's infrastructure, agriculture, tourism, natural resources, and other key industries. The commission's mandate includes determining the scope of potential climate-related damages, identifying necessary adaptation measures, calculating financial estimates for prevention and response strategies, and exploring various methods of recouping associated costs, such as municipal bonding, insurance, legal action, and fees. Members will be appointed by legislative leadership and the governor, with legislative members receiving mileage reimbursement, and the commission will be required to produce a comprehensive report with findings and potential legislative recommendations by November 1, 2026. The bill emphasizes the state's recognition of significant climate-related financial risks and the need for a proactive, equitable approach to addressing potential damages.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Inexpedient to Legislate: Motion Adopted Regular Calendar 207-149 02/06/2025 House Journal 4 P. 34 (on 02/06/2025)

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