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HB547: relative to distributions of adequate education aid.
Bill details
Version history, amendments, and roll-call votes were not present in the imported local bill data.
Sponsors
- Frank Sapareto House · Rock 5
- Phyllis Katsakiores House · Rock 5
Topics
Official links
HB 547-FN-LOCAL – AS INTRODUCED
2009 SESSION
09-0680
04/03
HOUSE BILL 547-FN-LOCAL
AN ACT relative to distributions of adequate education aid.
ANALYSIS
This bill provides that no school district shall receive less education aid than it received in the preceding fiscal year.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0680
04/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT relative to distributions of adequate education aid.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Adequate Education; Determination of Grants and Excess Tax. RSA 198:41, III is repealed and reenacted to read as follows:
III. No school district shall receive an amount of education aid pursuant to RSA 198:40-a through RSA 198:40-d which is less than the education aid such school district received in the preceding fiscal year.
2 Repeal. 2008, 173:17, III, relative to a prospective repeal of RSA 198:41, III effective July 1, 2011, is repealed.
3 Effective Date. This act shall take effect July 1, 2009 at 12:01 a.m.
LBAO
09-0680
12/22/08
HB 547-FN-LOCAL - FISCAL NOTE
AN ACT relative to distributions of adequate education aid.
FISCAL IMPACT:
The Department of Education states this bill will increase state education trust fund expenditures and local revenue by $72,230,863 in FY 2010 and FY 2011 and $16,360,494 in FY 2012 and FY 2013. There will be no fiscal impact on state and county revenue or county and local expenditures.
METHODOLOGY:
The Department of Education states this bill provides that no school district will receive less education aid than it received in the preceding fiscal year. The Department calculated the increase in state education trust fund expenditures and local revenue resulting from this bill as follows:
FY 2010 / FY 2011 FY 2012 / FY 2013
This Bill
State Property Tax
Retained By Towns $363,165,834 $349,251,028
State Grant (Education Grant,
Fiscal Capacity Disparity Aid,
& Transition Grant) $649,828,005 $701,686,713
Total $1,012,993,839 $1,050,937,741
Current Law
State Property Tax
Retained By Towns $363,165,834 $348,752,424
State Grant (Education Grant,
Fiscal Capacity Disparity Aid,
& Transition Grant) $577,597,142 $685,824,823
Total $940,762,976 $1,034,577,247
Change $72,230,863 $16,360,494