RSA 282-B:5 FMLI Premium Stabilization Trust Fund Established.
Title: XXIII - LABOR
Chapter: 282-B - PURCHASING POOL FOR FAMILY AND MEDICAL LEAVE INSURANCE
I. There is established the FMLI premium stabilization trust fund which shall be held and accounted for separately from all other funds. Interest, dividends, and other earnings of the fund shall be added to the fund. Deposits into the fund shall be limited exclusively to:
(a) Premium taxes imposed on premiums written by duly authorized insurance companies for family and medical leave insurance written in connection with the administration of RSA 21-I:99 through RSA 21-I:111 or RSA 282-B as provided in RSA 400-A:32, III(c); and
(b) Gifts, grants, and donations. The moneys in the fund shall not be subject to any state taxes and shall not be subject to any federal taxes to the extent allowed by applicable federal law.
II. The moneys in the fund shall constitute a prem