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HB1228: removing the limitation on a chartered public school incurring long term debt.

Bill status: Signed by Governor

Citation
2018 HB1228
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

House status
Passed/Adopted
Senate status
Passed/Adopted
Committee
Senate Education
Hearing
03/20/2018 at 09:15 AM
Selected version
Current official bill text

Sponsors

Topics

Education

Official links

CHAPTER 372

HB 1228 - FINAL VERSION

2018 SESSION

18-2160

06/04

HOUSE BILL 1228

AN ACT removing the limitation on a chartered public school incurring long-term debt.

SPONSORS: Rep. Hill, Merr. 3; Rep. McGuire, Merr. 29; Rep. Freeman, Hills. 12; Rep. L. Turcotte, Straf. 4; Rep. Ladd, Graf. 4; Rep. Weyler, Rock. 13; Sen. French, Dist 7; Sen. Avard, Dist 12; Sen. Reagan, Dist 17

COMMITTEE: Education

ANALYSIS

This bill deletes the limitation on public chartered public schools that required them to be in operation for 5 years before incurring long-term debt.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2160

06/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

AN ACT removing the limitation on a chartered public school incurring long-term debt.

Be it Enacted by the Senate and House of Representatives in General Court convened:

372:1 Chartered Public Schools; Authority and Duties of Board of Trustees. Amend RSA 194-B:5, III(h) to read as follows:

(h) [For chartered public schools that have been in operation for 5 or more years,] To incur long-term debt for the purpose of purchasing buildings or land, or for new construction or renovations to existing buildings. The state shall not be liable for any debt or other financial obligation incurred under this subparagraph.

372:2 Effective Date. This act shall take effect 60 days after its passage.

Approved: July 18, 2018

Effective Date: September 16, 2018