HB1024 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.
Impact Score — How Does This Bill Affect You?
Overall Impact Score
Mixed
Scale: 1 (harmful) to 10 (beneficial)
Your Wallet
Protects retirees' pension funds from politically-influenced investment decisions that could prioritize personal enrichment over returns.
Your Community
Strengthens ethical guardrails for public retirement funds and reinforces anti-corruption norms in government financial management.
Your Freedom
Restricts investment options for fund managers, but protects the broader interest of pension beneficiaries from conflicts of interest.
Status
Refer for Interim Study: Motion Adopted Voice Vote 02/19/2026 House Journal 5 P. 18
Sponsor
Tony Caplan (D)
The Short Version
Would prohibit the NH retirement system from investing in businesses owned by a sitting president or their family members. Aims to prevent potential conflicts of interest that could affect state pension investments.
Who's Behind This Bill?
Who Benefits
- ▲ NH state retirees and pension beneficiaries
- ▲ Government ethics advocates
Who Pays the Price
- ▼ Retirement fund managers (reduced investment flexibility)
Bill statuses as of May 2026. Check LegiScan or NH General Court for the latest.
This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.