Bill > HB563

This bill, effective July 1, 2026, modifies how the state calculates funding for public education by adjusting the base cost of an adequate education per pupil and increasing the additional aid provided for students who are eligible for free or reduced-price meals, are English language learners, or are receiving special education services. It also establishes a new "fiscal capacity disparity aid" grant program to provide additional funding to school districts in municipalities with lower local tax revenue per student, and revises the existing "extraordinary need grants" by changing the formulas and thresholds used to determine eligibility and grant amounts. Furthermore, the bill updates how education grants are determined by incorporating these new aid programs and introduces a mechanism to limit the total additional targeted aid for larger municipalities. The bill also mandates annual adjustments to these aid calculations, starting in July 2027, with a 2 percent increase each year, rounded up to the nearest whole dollar.

Budget and Finance, Education

https://gc.nh.gov/bill_Status/billinfo.aspx?id=230&inflect=2