Revision: Dec. 6, 2022, 9:39 a.m.
2023 SESSION
23-0625.0
10/05
HOUSE BILL [bill number]
AN ACT relative to school building aid grants and making an appropriation therefor.
SPONSORS: [sponsors]
COMMITTEE: [committee]
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ANALYSIS
This bill increases the amount of school building aid grants that may be approved by the department of education per fiscal year. The bill also makes appropriations of $100 million in fiscal years 2024 and 2025 for approved school building aid projects.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
23-0625.0
10/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Three
AN ACT relative to school building aid grants and making an appropriation therefor.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Grant for School Construction. Amend RSA 198:15-a, IV to read as follows:
IV. Beginning July 1, [2013] 2025, and every fiscal year thereafter, school building aid grants for construction or renovation projects approved by the department of education shall not [exceed] be less than $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 no state bonds shall be authorized or issued for the purpose of funding such school building aid grants.
2 Appropriation; Department of Education; School Building Aid Grants. For fiscal years, 2024 and 2025, the sum of $100,000,000 per fiscal year is appropriated to the department of education for funding school building aid grants made pursuant to RSA 198:15-a through RSA 198:15-w. If a school district does not receive the full appropriation to which it is entitled to under RSA 198, it shall be eligible to receive any funds that become available before funding is offered to the next project on the department's list of approved building projects. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.
I. Section 1 of this act shall take effect July 1, 2025.
II. The remainder of this act shall take effect upon its passage.