SB 0036

AN ACT relative to the availability of tuition incentive grants for part-time students and making an appropriation to the postsecondary education commission for the purpose of tuition incentive grants.

SPONSORS: Sen. Gordon, Dist 2; Sen. Larsen, Dist 15; Sen. Hollingworth, Dist 23; Sen. D'Allesandro, Dist 20; Sen. O'Hearn, Dist 12; Sen. Gatsas, Dist 16; Rep. Hager, Merr 18; Rep. M. Fuller Clark, Rock 36

This bill makes an appropriation of $1,721,879 for the fiscal year ending June 30, 2002, and $1,721,879 for the fiscal year ending June 30, 2003, to the postsecondary education commission for the purpose of funding postsecondary tuition incentive grants and provides that tuition incentive grants shall be made to part-time students in the same proportion as part-time students are represented in the eligible applicant pool.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

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

1 Appropriation for Postsecondary Education Tuition Incentive Grants. The sum of $1,721,879, for the fiscal year ending June 30, 2002 and the sum of $1,721,879, for the fiscal year ending June 30, 2003, are appropriated to the postsecondary education commission for postsecondary tuition incentive grants. These amounts shall be in addition to any other sums appropriated to the commission. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated. The postsecondary education commission, in conjunction with members of the general court and within the rules of the program, shall notify members of the general court of grant recipients in their district.

2 Appropriation. The sum of $1,000,000 for the fiscal year ending June 30, 2002, and the sum of $1,000,000 for the fiscal year ending June 30, 2003, are appropriated to the postsecondary education commission to fund the granite state scholars endowment fund established in RSA 188-D:40. These amounts shall be in addition to any other amounts appropriated to the commission. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.

3 New Paragraph; New Hampshire Tuition Incentive Program; Grants to Part-Time Students. Amend RSA 188-D:13 by inserting after paragraph VI the following new paragraph:

VI-a. To the extent possible, the postsecondary education commission shall award grants to eligible part-time students in the same proportion as such students are represented in the eligible applicant pool.

AN ACT making an appropriation to the postsecondary education commission for the purpose of tuition incentive grants.

The Postsecondary Education Commission indicates this bill, as amended by the Senate, will increase state general fund expenditures by $1,721,879 in FY 2002 and $1,721,879 in FY 2003. There will be no fiscal impact on state, county and local revenue or county and local expenditures.

This bill appropriates $1,721,879 in FY 2002 and $1,721,879 in FY 2003 in general funds to the Postsecondary Education Commission for the purposes of funding NH Incentive Grants.

The Commission states it would expend the appropriated amounts on the incentive grant program and therefor, state expenditures would increase by $3,443,758 over the biennium ending in FY 2003.