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

HB 491 establishes a committee to study how New Hampshire funds public education and to explore ways to reduce the state's reliance on local real estate property taxes. The committee, composed of 5 House members (including 2 from the Education Committee) and 4 Senate members, will examine current funding methods and assess the impacts of over-relying on local property taxes. It must submit recommendations for potential legislative changes by November 1, 2025, to the Governor, Legislature, and state library. This bill creates a study process but does not enact any funding changes itself.