This bill appropriates a total of $5,000,000 to the Community College System of New Hampshire for the dual and concurrent enrollment program, with $2,500,000 allocated for the fiscal year ending June 30, 2026, and another $2,500,000 for the fiscal year ending June 30, 2027. The funds are intended to provide scholarships and program support, and these appropriations are in addition to any other existing funds for the community college system. The governor is authorized to draw from the treasury for these sums, and importantly, the appropriations are non-lapsing, meaning any unspent funds will carry over to the next fiscal year.
The bill also specifies that it will take effect on July 1, 2025. There are no expected revenue impacts from this bill, and the funding will come from the General Fund. The fiscal note indicates that the expenditures will be $2,500,000 for each of the two fiscal years, with no additional costs anticipated beyond these appropriations.