Bill > HB772

This bill establishes a new system for funding public education by creating "foundation opportunity budgets" and "state foundation opportunity grants" to ensure all students have access to a constitutionally adequate education, regardless of where they live. It redefines an adequate education based on the opportunity for students to achieve desired outcomes, rather than just inputs, and acknowledges the varying needs and fiscal capacities of different communities. The bill outlines a shared responsibility between state and local governments for funding, with local contributions capped and state grants designed to fill any funding gaps. It also includes provisions for a multi-year transition to the new system, transition grants to ease the change, and mechanisms for periodically reviewing and updating educational standards and funding formulas. Additionally, the bill addresses underperforming schools by establishing a process for designation and requiring turnaround plans, and it aims to address persistent achievement disparities among student subgroups through district-level plans and statewide targets. Finally, it modifies property tax provisions, including adjustments for inflation and enhancements to the low and moderate income homeowners property tax relief program, and revises funding mechanisms for chartered public schools and education freedom accounts.

Education

https://gc.nh.gov/bill_Status/billinfo.aspx?id=800&inflect=2