This bill establishes a new section in the education law, RSA 193-C, titled "Education Achievement Incentive Grants," which appropriates $1,000,000 from the education trust fund for the fiscal year ending June 30, 2026. The funds are designated for the Department of Education to award school districts that show measurable improvements in standardized mathematics test scores. The commissioner of education is authorized to award grants of up to $50,000 to qualifying districts, with criteria for eligibility taking into account factors such as grade level and school size. If more than 20 districts qualify in the first year, the awards will be prorated. The bill also includes a provision that the funds will not lapse and will remain available until awarded.

Additionally, the bill amends RSA 198:39 to include a new subparagraph that allows for the distribution of these education achievement incentive grants. The act is set to take effect on July 1, 2025. The fiscal impact indicates that while the total expenditure for the grants is indeterminable, it will not exceed $1,000,000, and the Department of Education will require a part-time position to administer the program at an estimated cost of $60,000 per year.

Statutes affected:
Introduced: 198:39
HB750 text: 198:39