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HB 1024 · 2026 · House · Executive Departments and Administration Committee

Ban investing in president's businesses

AI-generated

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

Prohibits the New Hampshire retirement system from investing in businesses owned by a sitting president or their family.AI-generated

Status

Referred to interim study (House) · February 19, 2026
  1. ✓Introduced
  2. ✕House
  3. Senate
  4. Governor
  5. Law

Analysis

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

From the bill's official ANALYSIS section.

In the bill's words

Quoted verbatim from the bill as introduced. Passages chosen from the operative text.Computed by this site

“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.”
Section 1

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. Tony CaplanDPrime
  • Rep. Heath HowardDDeputy Ranking Member· Executive Departments and Administration

Also: Rep. Chris MunsD, Rep. Jodi NewellD

Public testimony

16 signed in online · 7 wrote testimony

100% support0% oppose0% neutral

In their wordsVerbatim, exactly as submitted

“Testimony in Support of NH HB 1024 I wholeheartedly support HB 1024, which seeks to prohibit the New Hampshire retirement system from investing in businesses owned by a sitting president or their family.…”
— Georgina Lambert, Belmontsupports
“Haven't we seen enough grift already? Public service is SUPPOSED to be about SERVING THE PUBLIC, not serving the private financial interests of officials.”
— Jo Jordon, Doversupports
“I am in support of this bill. I have been working too hard just to be able to retire in 40 years. I don't understand why everyones retirement fund is regarded as the presidents pocket money to do with at will.…”
— Francisca Sawyer, Manchestersupports

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

Read the testimony · as of Aug 12, 2026

Votes

yeanay
Starting text: Bill as introduced
  • Feb 11, 2026HouseCommittee report· consent calendar: Refer for Interim Study14–0
    Overall
    100% yea
  • Feb 19, 2026HouseVoice voteRefer for Interim Studyadopted

Hearings and debates

  • Jan 14, 2026Public hearingHouse Executive Departments and Administration51:42–1:05:5414m 12slocated in the stream transcriptPublic Hearing
  • Feb 11, 2026Public hearingHouse Executive Departments and Administration17:41–20:062m 25slocated in the stream transcriptCommittee Report: Refer for Interim Study; Executive Session
  • Feb 19, 2026Floor debateHouse floorWatchnot located in the transcript — opens the full streamRefer for Interim Study — adopted, voice vote

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 7, 2026HouseIntroduced 01/07/2026 and referred to Executive Departments and Administration HJ 1 P. 3
  2. Jan 14, 2026HousePublic Hearing: 01/14/2026 10:40 am GP 231
  3. Feb 11, 2026HouseExecutive Session: 02/11/2026 10:00 am GP 231
  4. Feb 11, 2026House: Refer for Interim Study 02/11/2026 (Vote 14-0; CC)
  5. Feb 19, 2026HouseRefer for Interim Study: MA VV 02/19/2026 HJ 5 P. 18

Coverage

No reporting linked yet.

Documents (PDF)

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