This bill, HB 515, amends existing law to exclude chartered public schools from eligibility for state school building aid grants. It removes references to chartered public schools from several sections of RSA 198, which previously allowed these schools to receive grants for school building costs. The bill eliminates the requirement that any building improved or constructed with school building aid must be owned by the chartered public school and subject to asset disposition plans in case of dissolution. It also clarifies that only local school districts will be eligible for these grants, establishing new requirements for grant applications that include detailed plans and assessments, while setting a timeline for submissions.

Additionally, the bill introduces new conditions for chartered public schools regarding school building aid, stating that aid will only be available if the building is owned by the school district and leased to the chartered public school without an option to purchase. It also repeals a section related to charter revocation and mandates that the computation of annual grants for school building aid will only consider eligible costs from school districts, thereby excluding chartered public schools entirely. The effective date for these changes is set for July 1, 2025, with the overall aim of streamlining the process for school districts while imposing stricter conditions on chartered public schools.

Statutes affected:
Introduced: 198:15-a, 198:15-b, 198:15-c, 198:15-d, 194-B:3, 194-B:11, 194-B:16