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 funds already allocated to 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 at the end of the fiscal year will carry over to the next year.
The bill also includes a provision 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 appropriations are designed to cover the costs associated with the dual and concurrent enrollment program, ensuring that the necessary financial support is available for its operation and growth.