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

HB 1024 prohibits the New Hampshire retirement system from investing in businesses owned by the current U.S. president or their immediate family. This directly affects the state's retirement funds, which manage pension investments for public employees. The bill amends investment rules to explicitly ban such investments, adding a new restriction to the retirement system's investment guidelines. The policy change takes effect 60 days after the bill's passage.