HB546 (2024) Detail

Relative to the school building aid program.


HB 546-FN-LOCAL - AS INTRODUCED

 

 

2023 SESSION

23-0079

10/04

 

HOUSE BILL 546-FN-LOCAL

 

AN ACT relative to the school building aid program.

 

SPONSORS: Rep. Ladd, Graf. 5

 

COMMITTEE: Finance

 

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ANALYSIS

 

This bill requires a minimum of $50,000,000 per fiscal year to be transferred to the school building aid fund, in addition to any debt service payments, for 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

23-0079

10/04

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Three

 

AN ACT relative to the school building aid program.

 

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] 2023, and every fiscal year thereafter, [school building aid grants for construction or renovation projects approved by the department of education shall not exceed] a minimum of $50,000,000 per fiscal year [less] shall be transferred to the school building aid fund, in addition to any debt service payments owed in the fiscal year, unless otherwise provided by an act of the general court. Building aid shall be nonlapsing and continually appropriated. 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  Effective Date.  This act shall take effect upon its passage.

 

LBA

23-0079

1/9/23

 

HB 546-FN-LOCAL- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to the school building aid program.

 

FISCAL IMPACT:      [ X ] State              [    ] County               [ X ] Local              [    ] None

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2023

FY 2024

FY 2025

FY 2026

   Appropriation

$0

$0

$0

$0

   Revenue

$0

$0

$0

$0

   Expenditures

$0

$29,400,000

$32,700,000

$35,200,000

Funding Source:

  [ X ] General            [ X ] Education            [   ] Highway           [    ] Other

 

 

 

 

 

LOCAL:

 

 

 

 

   Revenue

$0

$29,400,000

$32,700,000

$35,200,000

   Expenditures

$0

$0

$0

$0

 

METHODOLOGY:

This bill, beginning in FY 2024, requires a minimum of $50,000,000 be transferred to the “school building aid fund”, which currently is not an established dedicated fund, per year. It is not defined in the bill what the source of funds would be (i.e., general or education trust funds) for this transfer, and therefore presumed to be determined in the state operating budget. Assuming $50,000,000, in addition to any debt service payments owed, but less than obligated payments on previously approved projects ("tail payments"), were allocated for school building aid, this bill would increase state expenditures and local revenues by the following (rounded):

 

 

Minimum Building Aid Under This Bill

Current Minimum Building Aid
(Obligated Payments on Previously Approved Projects)

Increase

FY 2024

$50,000,000

$20,600,000

$29,400,000

FY 2025

$50,000,000

$17,300,000

$32,700,000

FY 2026

$50,000,000

$14,800,000

$35,200,000

 

 

AGENCIES CONTACTED:

Department of Education

 

Links


Date Body Type
Jan. 24, 2023 House Hearing
March 15, 2023 House Exec Session
Nov. 14, 2023 House Exec Session
Nov. 16, 2023 House Floor Vote
April 16, 2024 Senate Hearing
May 2, 2024 Senate Floor Vote

Bill Text Revisions

HB546 Revision: 37425 Date: Jan. 11, 2023, 10:59 a.m.

Docket


May 22, 2024: Refer to Interim Study, MA, VV; 05/22/2024; SJ 14


May 14, 2024: Committee Report: Referred to Interim Study, 05/22/2024, Vote 6-1; SC 20


April 26, 2024: Ought to Pass: MA, VV; Refer to Finance Rule 4-5; 05/02/2024; SJ 11


April 24, 2024: Committee Report: Ought to Pass, 05/02/2024; Vote 5-0; CC; SC 17


April 10, 2024: Hearing: 04/16/2024, Room 101, LOB, 09:00 am; SC 15


April 2, 2024: Introduced 03/21/2024 and Referred to Education; SJ 8


March 28, 2024: Reconsider OTP (Rep. Weber): MF DV 172-188 03/28/2024 HJ 10


March 28, 2024: Ought to Pass: MA RC 182-178 03/28/2024 HJ 10


March 28, 2024: Remove from Table (Rep. Luneau): MA DV 182-179 03/28/2024 HJ 10


Jan. 9, 2024: Lay HB546 on Table (Rep. Sweeney): MA RC 190-187 01/03/2024 HJ 1 P. 140


Jan. 9, 2024: Inexpedient to Legislate: MF RC 186-189 01/03/2024 HJ 1 P. 138


Nov. 16, 2023: Minority Committee Report: Ought to Pass


Nov. 16, 2023: Majority Committee Report: Inexpedient to Legislate HB 546-FN-LOCAL 11/16/2023 (Vote 13-12; RC) HC 49 P. 36


Oct. 17, 2023: Executive Session: 11/14/2023 10:00 am LOB 210-211 HC 42


Aug. 28, 2023: Division II Work Session: 09/12/2023 01:00 pm LOB 209 HC 36


March 16, 2023: Retained in Committee


March 10, 2023: Executive Session: 03/15/2023 11:00 am LOB 210-211


Jan. 19, 2023: Public Hearing: 01/24/2023 11:00 am LOB 210-211


Jan. 11, 2023: Introduced (in recess of) 01/05/2023 and referred to Finance HJ 3 P. 20