modifying the priority of applications for school building aid grants.

HB 366 increases the annual funding floor for New Hampshire school building aid grants from $50 million to $60 million, starting July 2025. It requires at least $5 million of this total to fund projects that began construction between 2009 and 2019 but were delayed due to prior funding limitations, prioritizing these under existing application rules. This change directly affects school districts seeking construction or renovation funding, with local districts expected to receive an estimated $45-50 million more annually starting in 2026. The bill does not create new state spending but adjusts existing appropriations from the Education Trust Fund.