This bill establishes a new Chapter 194-G in the RSA, creating an Enrichment Scholarship Program specifically designed for gifted students. The program will provide scholarships of up to $1,000 annually to eligible students, defined as residents attending public elementary or secondary schools who demonstrate exceptional abilities or potential. The funds can be utilized for various educational expenses, including transportation, online learning tuition, tutoring services, educational materials, and specialized programs. Key provisions include the requirement for parents to apply annually, the development of a standard application form by the Department of Education, and the establishment of a review panel to determine eligibility and scholarship amounts. The bill also introduces new definitions and stipulations regarding the program, while no deletions from current law are noted.

Additionally, the bill appropriates $1,190,000 for the fiscal year ending June 30, 2026, which includes funding for a new classified position within the Department of Education to coordinate the program, as well as funds for contracted services and scholarship awards. The Department is authorized to implement an electronic payment system for scholarship service providers and is mandated to conduct annual audits of student accounts to prevent misuse of funds. The bill prohibits discrimination against scholarship service providers based on religious affiliation and outlines processes for barring providers from the program in cases of substantial misuse. The act is set to take effect on July 1, 2025.