Education

HB 295 makes funds allocated for New Hampshire's school building aid program nonlapsing, meaning unused money won't expire or return to the state treasury at year-end. This directly affects school districts and chartered public schools that receive these funds for building projects. The key provision changes the funding status under RSA 198:15-a, ensuring aid can carry over to future years if not spent in the current fiscal period. The bill takes effect July 1, 2025, providing more stable long-term funding for school construction needs.