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HB 137 · 2025 · House · Education Funding Committee

Excess education tax fund allocation

AI-generated

relative to allocating excess statewide education property tax funds for local school and municipal purposes.

Allocates excess statewide education property tax funds to the local municipality for other school and municipal purposes.AI-generated

Status

Killed in the House — Inexpedient to Legislate · March 26, 2025
  1. ✓Introduced
  2. ✕House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill allocates excess statewide education property tax funds to the local municipality for other school and municipal purposes.

From the bill's official ANALYSIS section.

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Rep. Glenn CordelliRPrime
  • Rep. Kenneth WeylerRChair· Finance
  • Sen. Mark McConkeyRChair· Capital Budget

Public testimony

74 signed in online · 8 wrote testimony

12% support88% oppose0% neutral

In their wordsVerbatim, exactly as submitted

“I support leaving "excess" SWEPT funds in the community where they are raised. New London uses all SWEPT funds for education in the Kearsarge REgional School District. Thank you.”
— Bebe Casey, New Londonsupports
“Any excess SWEPT should be sent to the Education Trust Fund to be distributed to municipalities that didn't raise enough through SWEPT for the state to meet its constitutional obligation to fund an adequate education. HB137 should be voted inexpedient to legislate.”
— Rina Petit, Litchfieldopposes
“All excess SWEPT should be sent to the Education Trust Fund to be distributed to municipalities that didn't raise enough through SWEPT for the state to meet its constitutional obligation to fund an adequate education. Please vote HB137 inexpedient to legislate. Thank you.”
— John Petit, Litchfieldopposes
“No, this bill ties the hands of the school districts to spend the money raised. It isn't enough money to begin with. This bill intends to fill the state's coffers from money directed to the schools, while the state reduces so many sources of revenue that it is mind-boggling.…”
— Sharon Racusin, Hanoveropposes

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-3010:00 amHouse Education FundingLOB 205-207Public hearing
  • 2025-02-1210:00 amHouse Education FundingLOB 210-211Public hearing
  • 2025-03-1110:30 amHouse Education FundingLOB 205-207Public hearingcancelled
  • 2025-03-1210:30 amHouse Education FundingLOB 201Public hearing

Legislative history

  1. Jan 8, 2025HouseIntroduced 01/08/2025 and referred to Education Funding HJ 2 P. 7
  2. Jan 30, 2025HousePublic Hearing: 01/30/2025 03:30 pm LOB 205-207
  3. Feb 12, 2025HouseFull Committee Work Session: 02/12/2025 10:00 am LOB 210-211
  4. Mar 11, 2025House==CANCELLED== Executive Session: 03/11/2025 10:30 am LOB 205-207
  5. Mar 12, 2025HouseExecutive Session: 03/12/2025 10:30 am LOB 201
  6. Mar 12, 2025HouseMajority : Inexpedient to Legislate 03/12/2025 (Vote 15-3; RC) HC 17 P. 27
  7. Mar 18, 2025HouseMinority : Ought to Pass
  8. Mar 26, 2025HouseInexpedient to Legislate: MA VV 03/26/2025 HJ 10 P. 52

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.