New Hampshire HB1800 revises education property taxes, setting rates and defining grants for excellence in education.

New Hampshire HB1800 amends the state's education property tax system. It sets the education tax rate at $5 per $1,000 of valuation to generate sufficient revenue, effective July 1, 2027. The bill defines the cost of an excellence in education grant at $10,000 per enrolled student and $4,000 for those qualifying for a free or reduced-price meal. The required revenue amount increases annually by 2 percent. The bill also repeals certain provisions related to extraordinary need grants and education grant calculations.

New Hampshire HB1800 revises education property taxes, setting rates and defining grants for excellence in education.

New Hampshire HB1800 amends the state's education property tax system. It sets the education tax rate at $5 per $1,000 of valuation to generate sufficient revenue, effective July 1, 2027. The bill defines the cost of an excellence in education grant at $10,000 per enrolled student and $4,000 for those qualifying for a free or reduced-price meal. The required revenue amount increases annually by 2 percent. The bill also repeals certain provisions related to extraordinary need grants and education grant calculations.