Maddy summaryHB 88 clarifies that property held in a community property trust remains subject to creditors' claims, meaning debts can still be paid from this property. The bill ensures mortgages and other secured interests in trust property stay fully enforceable, and debts incurred by one spouse can be paid from that spouse's share of the trust or their other assets. Debts from both spouses during marriage may be satisfied using the shared trust assets. This directly affects married couples who establish such trusts, modifying how their shared property interacts with debt collection.
Rep. Keith Ammon
Sponsored bills
Maddy summaryHB 302 allows New Hampshire's state treasurer to invest up to 5% of public funds (including general and revenue stabilization funds) in gold, silver, or platinum bullion, coins, or digital assets with over $500 billion in average market capitalization. It requires all digital assets to be held through secure custody solutions meeting strict security standards (like private key control by the government and multi-party transaction approval) or via qualified custodians. Precious metals must be held either as exchange-traded products, in physical form with qualified custodians, or directly by the state. The bill explicitly prohibits investments exceeding the 5% cap and mandates specific custody safeguards for all assets.
Maddy summaryHB 456 prohibits towns and cities from using local public funds to pay for lobbying activities by associations representing local officials, such as the New Hampshire Municipal Association. The bill amends state law to prevent membership dues from covering lobbyist salaries or lobbying efforts, requiring that any lobbying must be funded by separate non-public funds kept physically and financially distinct from public money. This law directly affects how local governments fund associations and their activities, ensuring public funds aren't used for lobbying. It applies to associations like the New Hampshire City and Town Clerks' Association and the New Hampshire Tax Collectors' Association.