This bill mandates that all schools publish an annual line-item expense report detailing how school funds are spent, with the exception of staff names and corresponding salaries. The new legal language is inserted into RSA 193-H by adding a section 193-H:6, which specifies that this requirement is to be followed notwithstanding any contrary provisions of law. The bill aims to enhance transparency in school budgeting by providing a clear breakdown of expenditures.

The act is set to take effect 60 days after its passage and is expected to impact local school districts starting in the 2026-2027 school year. While the fiscal impact on local expenditures is indeterminable, it is anticipated that many districts may already have the necessary expense detail and could comply without incurring additional costs. However, some districts may interpret the bill as requiring more detailed reporting, potentially leading to increased costs for software upgrades or printing.