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HB 491  - AS INTRODUCED

 

 

2025 SESSION

25-0771

07/05

 

HOUSE BILL 491

 

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

 

SPONSORS: Rep. Spilsbury, Sull. 3

 

COMMITTEE: Education Funding

 

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ANALYSIS

 

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.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

25-0771

07/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Five

 

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

 

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

 

1 Committee Established.  There is established a committee to study how New Hampshire funds public education and how to reduce its reliance on local real estate property taxes.

2  Membership and Compensation.

I.  The members of the committee shall be as follows:

(a)  Five members of the house of representatives, appointed by the speaker of the house of representatives, 2 from the ways and means committee, 2 from the education committee, and one from the finance committee.

(b)  Four members of the senate, appointed by the president of the senate.

II.  Legislative members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3  Duties.  The committee shall make recommendations for rebalancing and changing available revenue sources and assess the manner in which the state now funds public general education, with a specific focus on the impacts of over-burdening the local real property tax.

4  Chairperson; Quorum.  The members of the study committee shall elect a chairperson from among the members.  The first meeting of the committee shall be called by the first-named house member.  The first meeting of the committee shall be held within 45 days of the effective date of this section.  A majority of the members of the committee shall constitute a quorum.

5  Report.  The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2025.

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