This bill amends existing laws to allow alternative treatment centers (ATCs) to operate on a for-profit basis, removing the previous requirement that they be not-for-profit entities. It modifies the definition of "alternative treatment center" to include domestic business corporations and limited liability companies, while deleting the stipulation that they must be not-for-profit. The bill also introduces provisions for ATCs to convert from voluntary corporations to business corporations or limited liability companies, with conditions such as a three-year prohibition on selling memberships or shares to foreign corporations. Additionally, it updates the governance structure of ATCs, mandating that their boards include at least one medical professional and a qualified patient, while ensuring a majority of board members are New Hampshire residents.

Furthermore, the bill outlines the procedural updates for the conversion and merger of ATCs, ensuring compliance with state regulations. It inserts new legal language detailing the process for conversion and merger, including board approval requirements, and amends existing laws to incorporate ATCs into the statutory conversion process to limited liability companies. The fiscal impact is minimal, with a one-time expenditure of $13,000 for necessary software and operational changes, funded through non-general revenue sources. The Department of Health and Human Services has indicated that the bill will not affect its operations, and it is set to take effect 60 days after passage, with no expected revenue generation for the state.

Statutes affected:
Introduced: 126-X:1, 126-X:7, 126-X:8, 292:7, 293-A:9, 304-C:149