Revision: Jan. 21, 2010, midnight
CHAPTER 180
HB 248 – FINAL VERSION
05/26/05 1457s
05/26/05 1641s
2005 SESSION
04/09
HOUSE BILL 248
AN ACT authorizing semi-annual payments of school building aid and relative to the purchase or lease-purchase of equipment designed to improve energy efficiency or indoor air quality in school buildings.
SPONSORS: Rep. Alger, Graf 6; Rep. Carter, Hills 3; Sen. Johnson, Dist 2
This bill:
I. Provides that the annual grant for school building aid shall be made in 2 equal payments.
II. Includes the purchase or lease-purchase of equipment designed to improve energy efficiency or indoor air quality in school buildings in the definition of “construction” for the purpose of calculating school building aid grants.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05/26/05 1457s
05/26/05 1641s
05-0654
04/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT authorizing semi-annual payments of school building aid and relative to the purchase or lease-purchase of equipment designed to improve energy efficiency or indoor air quality in school buildings.
Be it Enacted by the Senate and House of Representatives in General Court convened:
180:1 School Building Aid; Annual Grant. Amend RSA 198:15-a to read as follows:
198:15-a Annual Grant for the Payment of Debt Service for School Construction. To aid local school districts in meeting the costs of the payment of debt for school buildings and educational administration buildings, including office facilities for school administrative units, and to meet the costs of leasing permanent space in a building which is used for the operation of a high school vocational technical education program, the department of education shall, from funds appropriated by the general court to carry out the provisions of this subdivision, pay annually to the school districts of the state, sums in accordance with the provisions of this subdivision or the alternative school building aid provisions under RSA 198:15-u through RSA 198:15-w, depending on which option a school district elects. The annual grant to school districts shall be made in 2 approximately equal payments, one in October and one in April of each fiscal year. No payment shall be made to a school district prior to the district’s first payment on the amount of principal borrowed.
180:2 New Subparagraph; School Building Aid; Amount of Annual Grant. Amend RSA 198:15-b, IV by inserting after subparagraph (f) the following new subparagraph:
(g) Purchase or lease-purchase of mechanical, structural, or electrical equipment, including the cost of installation of such equipment, which is designed to improve energy efficiency or indoor air quality in school buildings. All grant amounts awarded under this subparagraph shall be returned to the state if such equipment is removed from the school building by the vendor due to the school district’s failure to comply with the terms of the lease-purchase agreement. Lease-purchase agreements shall be subject to the requirements of RSA 33:7-e.
180:3 Effective Date. This act shall take effect 60 days after its passage.
(Approved: June 30, 2005)
(Effective Date: August 29, 2005)