Bill Text: NH SB309 | 2019 | Regular Session | Amended


Bill Title: Relative to stabilization grants for education.

Spectrum: Strong Partisan Bill (Republican 10-1)

Status: (Introduced) 2019-03-21 - Pending Motion OT3rdg; 03/21/2019; Senate Journal 9 [SB309 Detail]

Download: New_Hampshire-2019-SB309-Amended.html

SB 309-FN-LOCAL - AS AMENDED BY THE SENATE

 

03/07/2019   0655s

2019 SESSION

19-0499

06/05

 

SENATE BILL 309-FN-LOCAL

 

AN ACT relative to stabilization grants for education.

 

SPONSORS: Sen. Birdsell, Dist 19; Sen. Giuda, Dist 2; Sen. Bradley, Dist 3; Sen. Carson, Dist 14; Sen. Gray, Dist 6; Sen. Morse, Dist 22; Sen. Starr, Dist 1; Sen. Ward, Dist 8; Rep. O'Connor, Rock. 6; Rep. Chirichiello, Rock. 6; Rep. Eisner, Rock. 6

 

COMMITTEE: Finance

 

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ANALYSIS

 

This bill modifies the education stabilization grants to municipalities.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/07/2019   0655s 19-0499

06/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT relative to stabilization grants for education.

 

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

 

1  Cost of Opportunity for an Adequate Education; Determination of Education Grants.  Amend RSA 198:41, IV(d) to read as follows:

(d)  For fiscal year 2017 and each fiscal year thereafter, the department of education shall distribute a total education grant to each municipality in an amount equal to the total education grant for the fiscal year in which the grant is calculated plus a percentage of the municipality's fiscal year 2012 stabilization grant, if any, distributed to the municipality; the percentage shall be 96 percent for fiscal year 2017, [and shall be reduced by 4 percent of the amount of the 2012 education grant for each fiscal year thereafter] 92 percent for fiscal year 2018, 88 percent for fiscal year 2019, and 100 percent for fiscal year 2020 and each fiscal year thereafter.  No stabilization grant shall be distributed to any municipality for any fiscal year in which the municipality's education property tax revenue collected pursuant to RSA 76 exceeds the total cost of an adequate education or to any municipality for any fiscal year in which the municipality's ADMA is zero.

2  Effective Date.  This act shall take effect upon its passage.

 

LBAO

19-0499

1/28/19

 

SB 309-FN-LOCAL- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to stabilization grants for education.

 

FISCAL IMPACT:

Due to time constraints, the Office of Legislative Budget Assistant is unable to provide a fiscal note for this bill, as introduced, at this time.  When completed, the fiscal note will be forwarded to the Senate Clerk's Office.

 

AGENCIES CONTACTED:

Department of Education

 

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