This bill amends the New Hampshire retirement system's investment regulations to prohibit investments in businesses owned by a sitting president of the United States or their immediate family. Specifically, it modifies RSA 100-A:15, I-a(b)(4) to include new language that explicitly states the retirement system may not invest in any instruments, businesses, or deposits owned by a sitting president or their family, or in which such entities hold a share.

The bill aims to ensure that the retirement system's investments remain free from potential conflicts of interest related to the financial interests of the sitting president and their family. The new provisions will take effect 60 days after the bill's passage.

Statutes affected:
Introduced: 100-A:15
HB1024 text: 100-A:15