Establishes a committee to study funding methods for New Hampshire public education and reduce reliance on local property taxes.
New Hampshire HB491 establishes a committee to study how the state funds public education and how to reduce its reliance on local real estate property taxes. The committee will include five members of the House of Representatives and four members of the Senate. The committee will assess current funding methods, focusing on the impacts of over-burdening local property taxes, and make recommendations for rebalancing revenue sources. The committee will report its findings and recommendations to the House and Senate leadership by November 1, 2025.
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