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HB 302 · 2025 · House · Commerce and Consumer Affairs Committee

State investment in crypto and metals

AI-generated

relative to enabling the state treasury to invest in precious metals and digital assets.

Authorizes the state treasurer to invest state funds in precious metals and digital assets.AI-generated

Status

Signed into law · May 7, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill enables the state treasurer to invest state funds into precious metals and digital assets.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Keith AmmonRPrimeMajority Floor Leader
  • Rep. Jason OsborneRMajority Leader
  • Rep. Joe SweeneyRDeputy Majority Leader
  • Rep. Joe AlexanderRChair· Housing
  • Sen. Daryl AbbasRPresident Pro Tempore
  • Sen. Kevin AvardRDeputy Majority Whip
  • Sen. Keith MurphyRVice Chair· Ways and Means

Also: Rep. Calvin BeaulierR, Rep. Mark WardenR

Public testimony

29 signed in online · 13 wrote testimony

31% support69% oppose0% neutral

In their wordsVerbatim, exactly as submitted

As a proud 34-year resident of New Hampshire, I support HB 302 and establishing a State Bitcoin strategic reserve. This legislation will set a powerful precedent, showcasing forward-thinking leadership and instilling a strong sense of optimism for our state's economic future.
Brittany Najem, Salemsupports
My name is Christopher Laurent. I’ve been a taxpaying member of New Hampshire, my whole life, and I would love to see New Hampshire be one of the states that gets on board early with this new and exciting technology being made available to us in crypto
Chris Laurent, Derrysupports
I am here today to express my strong support for the creation of a Bitcoin Strategic Reserve (bill introduced by Rep. Keith Ammon), in New Hampshire, with an important amendment: the legislation should explicitly specify “Bitcoin” rather than the broader term “cryptocurrency.”
Chris Najem, Salemsupports
Digital assets, crypto, is not a good idea. Crypto requires a lot of energy. Countries doing well with this have invested in alternate energy positioning them well for growth. The US has not and Trump is not a supporter of new energy sources.
Susan Carr, New Bostonopposes
We need fiscal responsibility! We do not need to have our precious dollars invested in risky investments - especially crypto knowing its history. The people of this state are already struggling to even live here and pay their taxes.
Nancy Cook, New Bostonopposes
I absolutely do NOT want state funds going into crypto. Not enough people understand it so it would be very easy to "game" the system. I don't trust my government to give them that power.
Cynthia Stave, New Bostonopposes

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-1510:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-01-221:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing
  • 2025-02-111:15 pmHouse Commerce and Consumer AffairsLOB 104Public hearing
  • 2025-02-1810:00 amHouse Commerce and Consumer AffairsLOB 104Public hearing
  • 2025-03-0510:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearingrescheduled
  • 2025-03-2510:00 amHouse Ways and MeansLOB 202-204Public hearing
  • 2025-04-0110:00 amHouse Ways and MeansLOB 202-204Public hearing
  • 2025-04-0110:30 amHouse Ways and MeansLOB 202-204Public hearing
  • 2025-04-239:15 amSenate Ways and MeansSH 100Public hearing

Legislative history

  1. Jan 8, 2025HouseIntroduced 01/08/2025 and referred to Commerce and Consumer Affairs HJ 2 P. 14
  2. Jan 15, 2025HousePublic Hearing: 01/15/2025 10:30 am LOB 302-304
  3. Jan 22, 2025House==CANCELLED== Subcommittee Work Session: 01/22/2025 10:00 am LOB 302-304
  4. Jan 22, 2025HouseSubcommittee Work Session: 01/22/2025 01:15 am LOB 302-304
  5. Feb 11, 2025HouseSubcommittee Work Session: 02/11/2025 01:15 pm LOB 104
  6. Feb 18, 2025HouseSubcommittee Work Session: 02/18/2025 10:00 am LOB 104
  7. Mar 5, 2025HouseExecutive Session: 03/05/2025 10:00 am LOB 302-304
  8. Mar 5, 2025House: Ought to Pass with Amendment # 2025-0138h 03/05/2025 (Vote 16-1; CC)
  9. Mar 13, 2025HouseAmendment # 2025-0138h: AA VV 03/13/2025 HJ 8 P. 3
  10. Mar 13, 2025HouseOught to Pass with Amendment 2025-0138h: MA VV 03/13/2025 HJ 8 P. 4
  11. Mar 13, 2025HouseReferred to Ways and Means 03/13/2025 HJ 8 P. 4
  12. Mar 25, 2025HousePublic Hearing: 03/25/2025 10:00 am LOB 202-204
  13. Apr 1, 2025HouseFull Committee Work Session: 04/01/2025 10:00 am LOB 202-204
  14. Apr 1, 2025HouseExecutive Session: 04/01/2025 10:30 am LOB 202-204
  15. Apr 1, 2025HouseMajority : Ought to Pass 04/01/2025 (Vote 11-8; RC) HC 19 P. 13
  16. Apr 2, 2025HouseMinority : Inexpedient to Legislate
  17. Apr 10, 2025HouseOught to Pass: MA DV 192-179 04/10/2025 HJ 12 P. 21
  18. Mar 27, 2025SenIntroduced 03/27/2025 and Referred to Ways and Means; SJ 10
  19. Apr 23, 2025SenHearing: 04/23/2025, Room 100, SH, 10:00 am; SC 18
  20. May 1, 2025Sen: Ought to Pass, 05/01/2025; Vote 4-1; CC; SC 19
  21. May 1, 2025SenHB 302 was Removed from the Consent Calendar; 05/01/2025; SJ 11
  22. May 1, 2025SenOught to Pass: MA, VV; OT3rdg; 05/01/2025; SJ 11
  23. May 1, 2025SenEnrolled Adopted, VV, (In recess 05/01/2025); SJ 12
  24. May 1, 2025HouseEnrolled (in recess of) 05/01/2025 HJ 13 P. 31
  25. May 6, 2025HouseSigned by Governor Ayotte 05/06/2025; Chapter 4; eff. 05/07/2025

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.