Bill > HB1024

This bill modifies the New Hampshire Retirement System's investment guidelines to prohibit investments in businesses or financial instruments owned by a sitting U.S. president or their family members. Specifically, the bill amends an existing law (RSA 100-A:15) to add a restriction that prevents the retirement system from investing in any property, instrument, business, or deposit that is owned by a sitting president or their family, or in which such ownership represents a significant share. The proposed change aims to prevent potential conflicts of interest and ensure that the retirement system's investments are not directly benefiting the sitting president or their immediate family. The bill would take effect 60 days after its passage, giving the retirement system time to adjust its investment strategy to comply with the new restrictions.

Government Affairs

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1575&inflect=2