NH HB563

Increases the base per-pupil cost for adequate education from $4,100 to $4,351, with differentiated aid increases: free/reduced meal eligibility from $2,300 to $2,441, English language learners from $800 to $849, and special education from $2,100 to $3,140, effective July 1, 2026

Restructures extraordinary need grants using equalized valuation per free/reduced-price meal pupil, with municipalities at $1,700,000 or less receiving $11,730 per eligible pupil, sliding scale grants between $1,700,001 and $6,999,999, and no grant above $7,000,000

Creates a new fiscal capacity disparity aid program providing up to $1,250 per pupil for municipalities with equalized valuation per pupil of $1,000,000 or less, with sliding scale grants up to $1,600,000 and no aid above that threshold

Caps total additional targeted aid (extraordinary need grants plus fiscal capacity disparity aid) at $3,750 per pupil for municipalities with 5,000 or more students in their ADMR

Establishes 2 percent annual increases beginning July 1, 2027 for per-pupil costs, grant floors, grant ceilings, and maximum grants, with recalculation of factor amounts accordingly