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Budget committee backs town letter opposing SB 297 over municipal risk-pool assessments
Summary
Committee members spent an extended segment of the meeting on proposed state legislation SB 297 and voted to prepare a town letter opposing the bill.
Committee members spent an extended segment of the meeting on proposed state legislation commonly referred to as SB 297, which would change how municipal risk pools (health, workers' compensation, property/casualty) handle obligations and shortfalls.
Stacy Dion summarized the presentation material and said the bill would allow pooled risk-management programs to transfer covered claims, administrative costs and other legal obligations back to participating members if the pool's reserves fall below statutory…
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