Bill

Bill > HB491


NH HB491

Establishing a committee to study alternative funding methods for public education and how to reduce its reliance on local real estate property taxes.


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill establishes a committee to study alternative funding methods for public education and how to reduce its reliance on local real estate property taxes.

AI Summary

This bill establishes a special legislative committee to comprehensively study and recommend alternative funding methods for public education in New Hampshire, with a primary goal of reducing the state's heavy reliance on local real estate property taxes. The committee will consist of nine members—five from the House of Representatives (including members from the Ways and Means, Education, and Finance committees) and four from the Senate, all appointed by their respective leadership. The committee's duties include assessing the current public education funding mechanisms and making recommendations for rebalancing and changing revenue sources, with a specific focus on alleviating the burden on local property taxpayers. Legislative members will receive mileage reimbursement for their work. The committee must elect a chairperson, hold its first meeting within 45 days of the act's effective date, and requires a majority of members to be present for quorum. By November 1, 2025, the committee must submit a comprehensive report with findings and potential legislative recommendations to key state officials, including the Speaker of the House, Senate President, Governor, and state library. The bill will take effect immediately upon passage.

Committee Categories

Education

Sponsors (1)

Last Action

Retained in Committee (on 03/12/2025)

bill text


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