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HB 469 · 2025 · House · Executive Departments and Administration Committee

Public deposit investment pool oversight

AI-generated

(New Title) relative to the operation of the public deposit investment pool and the membership of its committee.

Requires the state treasurer and public deposit investment pool advisory committee to evaluate investment advisors through a request-for-proposal process and adds a Municipal Managers Association of New Hampshire member to the advisory committee.AI-generated

Status

Signed into law · June 27, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill requires a member of the Municipal Managers Association of New Hampshire to sit on the public deposit investment pool advisory committee. The bill also provides for appointment of one member rather than 2 by the New Hampshire Bankers Association.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Jim MaggioreDPrimeDeputy Ranking Member· Municipal and County Government
  • Rep. Jaci GroteDRanking Member· Executive Departments and Administration

Public testimony

7 signed in online · 1 wrote testimony

86% support14% oppose0% neutral

In their wordsVerbatim, exactly as submitted

Municipalities across New Hampshire are confidently invested and in favor of safekeeping the NH PDIP program.
Curtis Register, Durhamsupports

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

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-2910:00 amHouse Executive Departments and AdministrationLOB 306-308Public hearing
  • 2025-04-169:00 amSenate Executive Departments and AdministrationSH 103Public hearing

Legislative history

  1. Jan 9, 2025HouseIntroduced (in recess of) 01/09/2025 and referred to Executive Departments and Administration HJ 3 P. 12
  2. Jan 29, 2025HousePublic Hearing: 01/29/2025 01:30 pm LOB 306-308
  3. Jan 29, 2025HouseExecutive Session: 01/29/2025 01:30 pm LOB 306-308
  4. Jan 29, 2025House: Ought to Pass 01/29/2025 (Vote 14-0; CC) HC 12 P. 6
  5. Feb 20, 2025HouseOught to Pass: MA VV 02/20/2025 HJ 6 P. 6
  6. Mar 6, 2025SenIntroduced 03/06/2025 and Referred to Executive Departments and Administration; SJ 7
  7. Apr 16, 2025SenHearing: 04/16/2025, Room 103, SH, 10:00 am; SC 17
  8. May 1, 2025Sen: Ought to Pass with Amendment # 2025-1633s, 05/01/2025; Vote 4-0; CC; SC 19
  9. May 1, 2025SenCommittee Amendment # 2025-1633s, AA, VV; 05/01/2025; SJ 11
  10. May 1, 2025SenOught to Pass with Amendment #2025-1633s, MA, VV; OT3rdg; 05/01/2025; SJ 11
  11. May 8, 2025HouseHouse Concurs with Senate Amendment 2025-1633s (Rep. C. McGuire): MA VV 05/08/2025 HJ 14 P. 3
  12. Jun 12, 2025SenEnrolled Adopted, VV, (In recess 06/12/2025); SJ 17
  13. Jun 12, 2025HouseEnrolled (in recess of) 06/12/2025 HJ 17 P. 24
  14. Jun 25, 2025HouseSigned by Governor Ayotte 06/25/2025; Chapter 137; eff. 08/24/2025

Coverage

No reporting linked yet.

Documents (PDF)

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