Revision: Nov. 7, 2025, 10:01 a.m.
HB 1024 - AS INTRODUCED
2026 SESSION
26-2375
06/05
HOUSE BILL 1024
SPONSORS: Rep. Caplan, Merr. 8; Rep. Muns, Rock. 29; Rep. Newell, Ches. 4; Rep. H. Howard, Straf. 4
COMMITTEE: Executive Departments and Administration
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ANALYSIS
This bill prohibits investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2375
06/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
AN ACT prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their immediate family.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Management of Funds. Amend RSA 100-A:15, I-a(b)(4) to read as follows:
(4) May invest in any kind of property or type of investment consistent with this section, provided these are not instruments, businesses, or any type of deposit owned by a sitting president of the United States or their family, or in which an instrument, business, or type of deposit owned by a sitting president or their family make up a share thereof.
2 Effective Date. This act shall take effect 60 days after its passage.