relative to the formula for distribution of aid to school districts.

HB 1835 updates New Hampshire's funding formula for special education by requiring the state to reimburse school districts 80% of the actual costs for services provided to students with disabilities, as defined by federal law (IDEA). This reimbursement must be paid within 90 days of the district submitting billing information, addressing delays in current funding cycles. School districts can now borrow funds in advance of receiving state payments and count those borrowed amounts as revenue when setting property tax rates. The bill directly affects all public school districts serving students with disabilities and aims to align state payments more closely with documented special education expenses.