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HB1024 • 2026

prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Tony Caplan (D), Jodi Newell (D), Heath Howard (D), Chris Muns (D)
Last action
2026-02-19
Official status
HOUSE
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

What This Bill Does

  • prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-19 H

    Refer for Interim Study: MA VV 02/19/2026 HJ 5 P. 18

  2. 2026-02-11 H

    Committee Report: Refer for Interim Study 02/11/2026 (Vote 14-0; CC)

  3. 2026-02-05 H

    Executive Session: 02/11/2026 10:00 am GP 231

  4. 2026-01-08 H

    Public Hearing: 01/14/2026 10:40 am GP 231

  5. 2025-11-07 H

    Introduced 01/07/2026 and referred to Executive Departments and Administration HJ 1 P. 3

Official Summary Text

prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

Current Bill Text

Read the full stored bill text 
HB 1024 - AS INTRODUCED

2026 SESSION
26-2375
06/05

HOUSE BILL
1024

AN ACT
prohibiting investments by the New Hampshire retirement system in businesses owned by a sitting president or their family.

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.