1 Education Trust Fund; Definitions; Average Daily Membership in Attendance. Amend RSA 198:38, I(a) to read as follows:

I.(a) "Average daily membership in attendance" or "ADMA" means the average daily membership in attendance, as defined in RSA 189:1-d, III, of pupils in kindergarten through grade 12, in the determination year, provided that no kindergarten pupil shall count as more than 1/2 day attendance per school year. ADMA shall only include pupils who are legal residents of New Hampshire pursuant to RSA 193:12 and educated at school district expense which may include public academies or out-of-district placements. For the purpose of calculating funding for municipalities, the ADMA shall not include pupils attending chartered public schools, but shall include pupils attending a charter conversion school approved by the school district in which the pupil resides.

2 School Building Aid; Grant for New Construction. Amend RSA 198:15-a, IV to read as follows:

IV. Beginning July 1, 2013, and every fiscal year thereafter, school building aid grants for construction or renovation projects approved by the department of education shall not exceed $50,000,000 per fiscal year less any debt service payments owed in the fiscal year, unless otherwise provided by an act of the general court. School building aid grants shall be funded from appropriations in the state operating budget and from the school building aid fund established in paragraph V, and no state bonds shall be authorized or issued for the purpose of funding such school building aid grants.

3 New Paragraph; School Building Aid; Grant for School Construction. Amend RSA 198:15-a by inserting after paragraph IV the following new paragraph:

V. There is hereby established the school building aid fund to be used for the purpose of funding school building aid grants under paragraph IV. This fund shall consist of a one-time transfer of funds identified as surplus funds in the educational trust fund or general fund, of $15,600,000 allocated to projects currently identified on the department of education's list of ranked projects for 2020 which are approved by the state board of education. Any additional surplus funds may be allocated to this account for additional projects as ranked by the department of education for 2021 and subsequent years.

4 New Subparagraph; Application of Receipts. Amend RSA 6:12, I(b) by inserting after subparagraph (343) the following new subparagraph:

(344) Moneys credited to the school building aid fund under RSA 198:15-a, V.

5 Repeal. RSA 198:48-c, III, relative to kindergarten grants beginning in 2020, is repealed.

6 Effective Date. This act shall take effect 60 days after its passage.

1 Education Trust Fund; Definitions; Average Daily Membership in Attendance. Amend RSA 198:38, I(a) to read as follows:

I.(a) "Average daily membership in attendance" or "ADMA" means the average daily membership in attendance, as defined in RSA 189:1-d, III, of pupils in kindergarten through grade 12, in the determination year. ADMA shall only include pupils who are legal residents of New Hampshire pursuant to RSA 193:12 and educated at school district expense which may include public academies or out-of-district placements. For the purpose of calculating funding for municipalities, the ADMA shall not include pupils attending chartered public schools, but shall include pupils attending a charter conversion school approved by the school district in which the pupil resides.

2 School Building Aid; Grant for New Construction. Amend RSA 198:15-a, IV to read as follows:

IV. Beginning July 1, 2013, and every fiscal year thereafter, school building aid grants for construction or renovation projects approved by the department of education shall not exceed $50,000,000 per fiscal year less any debt service payments owed in the fiscal year, unless otherwise provided by an act of the general court. School building aid grants shall be funded from appropriations in the state operating budget and from the school building aid fund established in paragraph V, and no state bonds shall be authorized or issued for the purpose of funding such school building aid grants.

3 New Paragraph; School Building Aid; Grant for School Construction. Amend RSA 198:15-a by inserting after paragraph IV the following new paragraph:

V. There is hereby established the school building aid fund to be used for the purpose of funding school building aid grants under paragraph IV. This fund shall consist of a one-time transfer of funds identified as surplus funds in the educational trust fund or general fund, of $15,600,000 allocated to projects currently identified on the department of education's list of ranked projects for 2020 which are approved by the state board of education. Any additional surplus funds may be allocated to this account for additional projects as ranked by the department of education for 2021 and subsequent years.

4 New Subparagraph; Application of Receipts. Amend RSA 6:12, I(b) by inserting after subparagraph (343) the following new subparagraph:

(344) Moneys credited to the school building aid fund under RSA 198:15-a, V.

5 Repeal. RSA 198:48-c, III, relative to kindergarten grants beginning in 2020, is repealed.

6 Effective Date. This act shall take effect 60 days after its passage.