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2022 New Hampshire Revised Statutes
Title XV - Education
Title 194-F - Education Freedom Accounts
Section 194-F:11 - Appropriation From Education Trust Fund.
Universal Citation: NH Rev Stat § 194-F:11 (2022)
194-F:11 Appropriation From Education Trust Fund. –
The amount necessary to fund any grants or transfers of funds authorized under this chapter is hereby appropriated to the department from the education trust fund created under RSA 198:39. The governor is authorized to draw a warrant from the education trust fund to satisfy the state's obligation under this section. Such warrant for payment shall be issued regardless of the balance of funds available in the education trust fund. If the balance in the education trust fund, after the issuance of any such warrant, is less than zero, the comptroller shall transfer sufficient funds from the general fund to eliminate such deficit. The commissioner of the department of administrative services shall inform the fiscal committee and the governor and council of such balance. This reporting shall not in any way prohibit or delay the distribution of any grant or transfer of funds authorized under this chapter.
Source. 2021, 91:431, eff. Aug. 24, 2021.
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