SB 465-FN-LOCAL – AS AMENDED BY THE HOUSE
03/24/10 1131s
05May2010… 1636h
2010 SESSION
04/09
SENATE BILL 465-FN-LOCAL
AN ACT establishing a committee to study the sustainability of the existing state programs for funding K-12 education and relative to the carrying forward of a school district fund balance.
SPONSORS: Sen. Kelly, Dist 10; Sen. DeVries, Dist 18; Sen. Hassan, Dist 23; Sen. Fuller Clark, Dist 24
This bill:
I. Establishes a committee to study the sustainability of the existing state programs for funding K-12 education, including adequate education grants, fiscal capacity disparity aid, and catastrophic aid.
II. Allows a school district which estimates that it will receive less in total state aid for an adequate education plus fiscal capacity disparity aid in the 2012 fiscal year than it received in the 2011 fiscal year to carry forward any unreserved fund balance from the 2010 and 2011 fiscal years for use in the 2012 fiscal year.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/24/10 1131s
05May2010… 1636h
10-2809
04/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Ten
AN ACT establishing a committee to study the sustainability of the existing state programs for funding K-12 education and relative to the carrying forward of a school district fund balance.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Committee Established. There is established a committee to study the sustainability of the existing state programs for funding K-12 education, including adequate education grants, fiscal capacity disparity aid, and catastrophic aid.
2 Membership and Compensation.
I. The members of the committee shall be as follows:
(a) Three members of the senate, at least one of whom shall be a member of the education committee, and at least one of whom shall be a member of the finance committee, appointed by the president of the senate.
(b) Four members of the house of representatives, at least one of whom shall be a member of the education committee, and at least one of whom shall be a member of the finance committee, appointed by the speaker of the house of representatives.
II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
3 Duties. The committee shall study the sustainability of the existing state programs for funding K-12 education, including adequate education grants, fiscal capacity disparity aid, and catastrophic aid.
4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named senate member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Four members of the committee shall constitute a quorum.
5 Report. The committee shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before December 1, 2010.
6 School District Fund Balance. If, based on the reasonable belief of the school board after consultation with the commissioner of the department of education, a school district’s estimated total state aid for an adequate education pursuant to RSA 198:40-a plus fiscal capacity disparity aid pursuant to RSA 198:40-c in the 2012 fiscal year will be less than its total state aid for an adequate education pursuant to RSA 198:40-a plus fiscal capacity disparity aid pursuant to RSA 198:40-c in the 2011 fiscal year, then notwithstanding RSA 32, the school district’s governing body may vote to carry forward any school district unreserved fund balance from the 2010 and 2011 fiscal years for such school district to use as a revenue source to reduce the tax rate in the 2012 fiscal year. A school district that intends to carry forward a fund balance shall report this to the departments of education and revenue administration on financial reports pursuant to RSA 198:4-d and RSA 21-J:34, V.
7 Repeal. Section 6 of this act, relative to school district fund balances, is repealed.
8 Effective Date.
I. Section 7 of this act shall take effect July 1, 2011.
II. The remainder of this act shall take effect upon its passage.
LBAO
10-2809
Amended 05/12/10
SB 465 FISCAL NOTE
AN ACT establishing a committee to study the sustainability of the existing state programs for funding K-12 education and relative to the carrying forward of a school district fund balance.
FISCAL IMPACT:
The Office of Legislative Budget Assistant states this bill, as amended by the House (Amendment #2010-1636h), will have no fiscal impact on state, county or local revenue or expenditures.
METHODOLOGY:
This bill, as amended, establishes a study committee and permits school districts to carry forward a fund balance under certain circumstances. There will be no fiscal impact.