This bill seeks to define the term "organization" and establish ethical standards for members of the general court regarding recusal from official legislative activities. The definition of "organization" is broad, encompassing any business, corporation (for-profit or non-profit), social welfare organization, or natural person, but explicitly excludes the United States of America, the state of New Hampshire, its counties, and any political subdivision within the state. Members of the general court are required to recuse themselves from participation in any official legislative activity if they, or a member of their household, receive financial remuneration from an organization, hold a position of substantial influence within that organization, and if the organization has attempted to influence the outcome of the legislative activity in question.

The bill further details what constitutes a position of substantial influence within an organization, including roles such as voting members of the governing body, presidents, CEOs, COOs, treasurers, and CFOs. It also outlines factors that may indicate substantial influence, such as founding the organization, being a substantial contributor, or having authority over significant portions of the organization's budget or operations. Conversely, it provides examples of circumstances that tend to show a lack of substantial influence, such as taking a vow of poverty for a religious organization, being a contractor without decision-making authority, or not participating in management decisions. The act is set to take effect on January 1, 2025.