CHAPTER 201
HB 1316-LOCAL - FINAL VERSION
4may00.....4538-EBA
2000 SESSION
04/01
HOUSE BILL 1316-LOCAL
AN ACT prohibiting school districts from using disbursements from the education trust fund as unanticipated revenue.
SPONSORS: Rep. Patten, Carr 9
This bill prohibits school districts from using disbursements from the education trust fund as unanticipated revenue.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
4may00.....4538-EBA
00-2476
04/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand
AN ACT prohibiting school districts from using disbursements from the education trust fund as unanticipated revenue.
Be it Enacted by the Senate and House of Representatives in General Court convened:
201:1 School Money; Unanticipated Funds; Education Trust Fund Grants Excluded. Amend RSA 198:20-b, II to read as follows:
II. Such money shall be used only for legal purposes for which a school
district may appropriate money. No funds disbursed from the education trust fund pursuant to RSA 198:42 shall, under any circumstances, emergency or otherwise, be deemed to be unanticipated money under the provisions of this section.
201:2 Excess Education Property Tax; Maintenance of Local Control Provision Amended. Amend 198:48 to read as follows:
198:48 Maintenance of Local Control. Distributions under RSA 198:42 depend only on weighted average daily membership in residence and the per pupil adequacy cost amounts as determined in this subdivision and are independent of how the municipalities decide to spend the distributions or other funds they may raise for education. Notwithstanding any other provision of law, nothing in this subdivision is intended in any way to limit or control how school districts operate or spend their budgets except that adequate education grants must be expended for educational purposes. Adequate education grants and hardship grants shall not be considered unanticipated funds under RSA 198:20-b.
201:3 Effective Date. This act shall take effect 60 days after its passage.
(Approved: May 30, 2000)
(Effective Date: July 29, 2000)