relative to the operation of the public deposit investment pool and the membership of its committee.

HB 469 updates how New Hampshire manages its public deposit investment pool. It requires the state treasurer and the advisory committee to select investment advisors through a competitive bidding process, where proposals are reviewed based on criteria set by the treasurer and committee. The bill also adds a new seat on the advisory committee for a member appointed by the Municipal Managers Association of New Hampshire. These changes directly affect the state treasurer's office, the investment pool committee, and municipal government representatives. The bill aims to increase transparency and local representation in managing state funds.