Revision: Dec. 26, 2022, 12:41 p.m.
2023 SESSION
23-0079.2
10/04
HOUSE BILL [bill number]
AN ACT relative to the school building aid program.
SPONSORS: [sponsors]
COMMITTEE: [committee]
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
23-0079.2
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.