New Hampshire HB1824: relative to school district financial distress.

What the bill says

An act relative to school district financial distress. Rep. Girard, Sull. 6; Rep. Ames, Ches. 13; Rep. E. Kelly, Merr. 8; Rep. Cloutier, Sull. 6; Rep. Ebel, Merr. 7; Rep. Caplan, Merr. 8; Rep. Bricchi, Merr. 15 COMMITTEE: Education Funding ───────────────────────────────────────────────────────────────── ANALYSIS This bill: I. Authorizes the commissioner of the department of education, with the affirmation of the joint legislative fiscal committee, to enter into loan agreements with financially insolvent school districts. II. Authorizes municipalities to provide financially insolvent school di.

From the introduced text, January 7, 2026:

AN ACT relative to school district financial distress. Rep. Girard, Sull. 6; Rep. Ames, Ches. 13; Rep. E. Kelly, Merr. 8; Rep. Cloutier, Sull. 6; Rep. Ebel, Merr. 7; Rep. Caplan, Merr. 8; Rep. Bricchi, Merr. 15 COMMITTEE: Education Funding ───────────────────────────────────────────────────────────────── ANALYSIS This bill: I. Authorizes the commissioner of the department of education, with the affirmation of the joint legislative fiscal committee, to enter into loan agreements with financially insolvent school districts. II. Authorizes municipalities to provide financially insolvent school districts with assistance from existing municipal funds and increases the maximum percentage of funding available to such school districts through a contingency fund. III. Establishes the school district adequacy revolving loan fund to assist school districts with cash flow in anticipation of adequacy payments. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Explanation: Matter added to current law appears in bold italics. Matter removed from current law appears [in brackets and struckthrough.] Matter …

Read the full official text

Sponsors

• Hope Damon (D, 8) · primary sponsor
• (R, 6)