NH HB1835

Restructures New Hampshire's special education funding by replacing the flat $2,100 per-pupil amount with state reimbursement of 80 percent of actual costs for services required under individual education programs (IEPs) and federal law

Requires the state to reimburse school districts quarterly, with payments due within 90 days of receiving billing information from districts

Authorizes school districts to borrow funds through reimbursement anticipation notes while awaiting state special education reimbursements, with such borrowing exempt from municipal debt limits

Repeals RSA 186-C:18, the existing statute governing state financial aid for extraordinary special education costs, and consolidates special education funding provisions under RSA 198:40-a

Takes effect 60 days after passage