NH House Testimony

HB469

House · 2025 sessionDemocraticSigned into law

Public deposit investment pool oversight

AI

Requires the state treasurer and public deposit investment pool advisory committee to evaluate investment advisors through a request-for-proposal process and adds a Municipal Managers Association of New Hampshire member to the advisory committee.

(New Title) relative to the operation of the public deposit investment pool and the membership of its committee.

Banking and FinanceMunicipalitiesState Government

Status

Signed into law · June 27, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Division of testimony

7 submissions
Support 6Oppose 1Neutral 0
Curtis RegisterSupportDurham, NHfor MyselfJan 29, 2025

Municipalities across New Hampshire are confidently invested and in favor of safekeeping the NH PDIP program. NH Bankers Association has demonstrated their desire to greedily take over the funds of NH DIP and by extension the municipalities invested there, diminishing our municipalities buying and bargaining power in favor of general income gains that those same municipalities will never see. It is important that a member of the Municipal Managers Association of New Hampshire by authorized a seat at the table to safeguard the interests of our municipalities' investments. Please support HB 469

Mary Hakken-PhillipsSupportHanover, NHfor MyselfJan 29, 2025

Position recorded without written comment.

Julie SmithOpposeNashua, NHfor MyselfJan 29, 2025

Position recorded without written comment.

Carol MorrisonSupportW Lebanon, NHfor MyselfJan 29, 2025

Position recorded without written comment.

David CaronSupportDerry, NHfor MyselfJan 29, 2025

Position recorded without written comment.

Janet LucasSupportCampton, NHfor MyselfJan 29, 2025

Position recorded without written comment.

Rick SawyerSupportBedford, NHfor Town of BedfordJan 29, 2025

Position recorded without written comment.