This bill proposes an appropriation of $17,500,000 to support the higher education systems in New Hampshire for the fiscal year ending June 30, 2027. Specifically, it allocates $14,000,000 to the University System of New Hampshire to restore funding that was previously reduced under a prior bill (2025, 140 (HB 1)). Additionally, it designates $3,500,000 to the Community College System of New Hampshire with the aim of maintaining a freeze on credit-hour tuition rates. The governor is authorized to draw these funds from the state treasury, provided they are not otherwise appropriated.

The bill also includes a provision that it will take effect on July 1, 2026. The fiscal impact analysis indicates that there will be no revenue generated from this bill, but it will result in expenditures of $17,500,000 in FY 2027, funded through the General Fund. There are no changes to existing legal language, as the bill primarily introduces new appropriations without deleting any current provisions.