Bill > HB366

This bill, effective July 1, 2025, increases the minimum annual appropriation for school building aid grants for construction and renovation projects from a previous cap of $50,000,000 to a floor of $60,000,000, with these funds being continuously appropriated and nonlapsing. A significant portion of this increase, at least $5,000,000 annually, is specifically designated to fund half of the building aid amount for projects that began construction between July 1, 2009, and June 30, 2019, which were previously unfunded due to a moratorium on new projects. These older projects will need to submit an application to the Department of Education and will be awarded aid based on a ranking system. The bill also clarifies that these grants will be funded through the state operating budget and not through state bonds.

Budget and Finance, Education

https://gc.nh.gov/bill_Status/billinfo.aspx?id=417&inflect=2