HB 1495
allowing a reimbursement anticipation note to be used as collateral in certain circumstances.
Official record at gencourt.state.nh.us ↗Open this bill in the searchable view → · Follow this bill by RSS
On the record
Quoted from the General Court bill status page, not worked out from the docket.
| Status | SIGNED BY GOVERNOR |
|---|---|
| In the Senate | PASSED/ADOPTED |
| Introduced | 1/7/2026 |
| Floor date | 3/5/2026 |
| LSR number | 2411 |
| Chapter | 0133 |
| Local government impact | no |
| Committee code | H63 |
Where it stands
Senate: PASSED/ADOPTED
1 of the floor votes on this bill were voice or division votes, which do not record how individual legislators voted.
A bill goes on the consent calendar when the committee vote was unanimous or nearly so, and any members who dissented did not object to placing it there. It then passes without floor debate. Ten members may file a petition to pull a bill off the consent calendar and have it debated and voted on separately.
Sponsors
Ladd, Rick(R) Graf 5, Damon, Hope(D) Sull 8, Innis, Daniel(R) Belk 7, Peeples, Raymond(R) Hills 14, Popovici-Muller, Daniel(R) Rock 17, Spilsbury, Walter(R) Sull 3, Sullivan, Victoria(R) Hills 18
Prime sponsor in bold. From the General Court sponsor file.
What happened
Every action recorded in the official docket, in order. Each line ends with the journal or calendar that recorded it; where we have the document, that citation links to it.
- January 7, 2026Introduced 01/07/2026 and referred to Education Funding
- January 27, 2026Public Hearing: 01/27/2026 10:00 am GP 234
- February 17, 2026Executive Session: 02/17/2026 10:00 am GP 232
- February 20, 2026Majority Committee Report: Ought to Pass 02/17/2026 (Vote 10-8; RC)
- February 20, 2026Minority Committee Report: Inexpedient to Legislate
- March 5, 2026Ought to Pass: MA RC 185-162 03/05/2026
- March 5, 2026Introduced 03/05/2026 and Referred to Education Finance
- April 1, 2026Hearing: 04/01/2026, Room 100, SH, 01:10 pm
- April 23, 2026Committee Report: Ought to Pass, 04/23/2026; Vote 4-0; CC
- April 23, 2026Ought to Pass: MA, VV; OT3rdg; 04/23/2026
- May 21, 2026Enrolled (in recess of) 05/21/2026
- May 21, 2026Enrolled Adopted, VV, (In recess 05/21/2026)
- June 22, 2026Signed by Governor Ayotte 06/12/2026; Chapter 133; eff. 06/12/2026
Votes
Roll call tallies and individual votes from the General Court roll call files. Presiding, excused and absent are shown separately: one member presides over each House roll call and does not vote except to break a tie.
Ought to Pass
| Party | Yes | No | Presiding | Excused | Absent |
|---|---|---|---|---|---|
| Republican | 185 | 3 | 1 | 17 | 9 |
| Democrat | 0 | 159 | 0 | 10 | 7 |
| Independent | 0 | 0 | 0 | 0 | 1 |
| Total | 185 | 162 | 1 | 27 | 17 |
Yes — 185
- Aldrich, Glen(R) Belk 6
- Alexander, Joe(R) Hills 29
- Ammon, Keith(R) Hills 42
- Andrus, Louise(R) Merr 5
- Aron, Judy(R) Sull 4
- Aron, Michael(R) Sull 8
- Aures, Cyril(R) Merr 13
- Avellani, Lino(R) Carr 4
- Aylward, Deborah(R) Merr 5
- Bailey, Glenn(R) Straf 2
- Barbour, Liz(R) Hills 35
- Barton, Joseph(R) Graf 1
- Beaulier, Calvin(R) Graf 1
- Belcher, Mike(R) Carr 4
- Bennett, Cindy(R) Rock 4
- Berezhny, Lex(R) Graf 11
- Bernardy, JD(R) Rock 36
- Berry, Ross(R) Hills 44
- Bjelobrk, Marie Louise(R) Graf 5
- Boehm, Ralph(R) Hills 38
- Bogert, Steven(R) Belk 5
- Boyd, Bill(R) Hills 12
- Boyd, Stephen(R) Merr 10
- Bridle, Nicholas(R) Rock 29
- Brown, Pam(R) Rock 14
- Brown, Richard(R) Carr 8
- Bryer, Scott(R) Rock 1
- Burnham, Claudine(R) Straf 2
- Cambrils, Jose(R) Merr 4
- Colcombe, Riché(R) Hills 30
- Cole, Brian(R) Hills 26
- Comtois, Barbara(R) Belk 7
- Corcoran, Travis(R) Hills 28
- Crawford, Karel(R) Carr 3
- Creighton, James(R) Hills 30
- Daniels, Gary(R) Hills 43
- Davis, Arnold(R) Coos 2
- DeDe-Poulin, Denise(R) Straf 6
- DeLemus, Susan(R) Straf 1
- DeRoy, Susan(R) Straf 3
- DeSimone, Debra(R) Rock 18
- DeVito, Sayra(R) Rock 8
- Devoid, Ricky(R) Merr 1
- Dolan, Tom(R) Rock 16
- Donnelly, Tanya(R) Rock 25
- Drago, Mike(R) Rock 4
- Drye, Margaret(R) Sull 7
- Dumont, Dillon(R) Hills 13
- Dunn, Ron(R) Rock 16
- Dupont, Pierre(R) Hills 20
- Durkin, Sean(R) Coos 1
- Edwards, Jess(R) Rock 31
- Erf, Keith(R) Hills 28
- Farrington, Samuel(R) Straf 8
- Fedolfi, Jim(R) Hills 30
- Flanagan, Jack(R) Hills 45
- Foote, Charles(R) Rock 13
- Ford, Mary(R) Rock 3
- Freeman, Lisa(R) Belk 8
- Gagne, Larry(R) Hills 16
- Giasson, Henry(R) Hills 29
- Gonzalez, Ernesto(R) Merr 3
- Gorski, Ted(R) Hills 2
- Gould, Linda(R) Hills 2
- Granger, Michael(R) Straf 2
- Grant, George(R) Sull 5
- Griffin, Gerald(R) Hills 42
- Guzofski, James(R) Rock 1
- Hall, Robley(R) Straf 1
- Hamblen, Joseph(R) Carr 3
- Harb, Robert(R) Rock 20
- Harrington, Michael(R) Straf 18
- Hemingway, Wayne(R) Sull 6
- Hill, Gregory(R) Merr 2
- Hunt, John(R) Ches 14
- Janigian, John(R) Rock 25
- Kaczynski, Thomas(R) Straf 5
- Karasinski, Sly(R) Ches 10
- Katsakiores, Phyllis(R) Rock 13
- Kelley, Diane(R) Hills 32
- Kenny, Catherine(R) Hills 13
- Kesselring, Steven(R) Hills 18
- Khan, Aboul(R) Rock 30
- King, Seth(R) Coos 4
- Kofalt, Jim(R) Hills 32
- Korzen, Lori(R) Coos 7
- Kuttab, Katelyn(R) Rock 17
- Labrie, Brian(R) Hills 2
- Ladd, Rick(R) Graf 5
- Lascelles, Richard(R) Hills 14
- Layon, Erica(R) Rock 13
- Leavitt, John(R) Merr 10
- Litchfield, Melissa(R) Rock 32
- Louis, Darrell(R) Graf 1
- Love, David(R) Rock 13
- Lundgren, David(R) Rock 16
- Lynn, Bob(R) Rock 17
- MacDonald, John(R) Carr 6
- MacDonald, Wayne(R) Rock 16
- Mannion, Dennis(R) Rock 25
- Mannion, Tom(R) Hills 1
- Markell, Jay(R) Rock 18
- Mattson, Rita(R) Ches 18
- Mazur, Lisa(R) Hills 44
- McDonnell, Valerie(R) Rock 25
- McFarlane, Donald(R) Graf 18
- McGrath, Linda(R) Rock 40
- McGuire, Carol(R) Merr 27
- McGuire, Dan(R) Merr 14
- McLean, Mark(R) Hills 15
- McMahon, Charles(R) Rock 17
- Mehegan, Peter(R) Merr 12
- Melvin, Charles(R) Rock 20
- Miles, Julie(R) Hills 12
- Milz, David(R) Rock 13
- Miner, Laurence(R) Rock 7
- Moffett, Michael(R) Merr 4
- Mooney, Maureen(R) Hills 12
- Morency, Pete(R) Coos 5
- Morton, Jonathan(R) Hillsborough 39
- Murphy, Denis(R) Ches 11
- Murphy, Mary(R) Hills 27
- Nadeau, Brian(R) Rock 4
- Nalevanko, Rich(R) Ches 9
- Noble, Kristin(R) Hills 2
- Notter, Jeanine(R) Hills 12
- Ohm, Bill(R) Hills 10
- Osborne, Jason(R) Rock 2
- Ouellet, Mike(R) Coos 3
- Pauer, Diane(R) Hills 36
- Pearson, Mark(R) Rock 34
- Pearson, Stephen(R) Rock 13
- Peeples, Raymond(R) Hills 14
- Perez, Kristine(R) Rock 16
- Pitaro, Matthew(R) Merr 11
- Plante, Raymond(R) Merr 27
- Ploszaj, Tom(R) Belk 1
- Polozov, Yury(R) Merr 10
- Popovici-Muller, Daniel(R) Rock 17
- Porcelli, Susan(R) Rock 19
- Post, Lisa(R) Hills 42
- Potenza, Kelley(R) Straf 19
- Potucek, John(R) Rock 13
- Presa, Adam(R) Hills 12
- Proulx, Mark(R) Hills 15
- Prout, Andrew(R) Hills 13
- Prudhomme-O'Brien, Katherine(R) Rock 13
- Qualey, James(R) Ches 18
- Reinfurt, Sherri(R) Hills 29
- Rhodes, Jennifer(R) Ches 17
- Rice, Kimberly(R) Hills 38
- Rollins, Skip(R) Sull 3
- Roy, Terry(R) Rock 31
- Sabourin dit Choinière, Matt(R) Rock 30
- Schneller, John(R) Hills 2
- Scully, Kevin(R) Hills 8
- Seaworth, Brian(R) Merr 12
- See, Alvin(R) Merr 26
- Sellers, John(R) Graf 10
- Sheehan, Vanessa(R) Hills 43
- Sirois, Shane(R) Hills 32
- Slottje, Jeremy(R) Hills 13
- Smith, Jonathan(R) Carr 5
- Soti, Julius(R) Rock 35
- Spillane, James(R) Rock 2
- Spilsbury, Walter(R) Sull 3
- Sweeney, Joe(R) Rock 25
- Sytek, John(R) Rock 25
- Terry, Paul(R) Belk 7
- Thackston, Dick(R) Ches 12
- Thibault, James(R) Merr 25
- Thomas, Douglas(R) Rock 16
- Tremblay, Marc(R) Coos 5
- Tripp, Richard(R) Rock 13
- Tudor, Paul(R) Rock 1
- Turcotte, Len(R) Straf 4
- Ulery, Jordan(R) Hills 13
- Vose, Michael(R) Rockingham 5
- Walker, David(R) Straf 19
- Walsh, Lilli(R) Rock 15
- Warden, Mark(R) Hills 39
- Weyler, Kenneth(R) Rock 14
- Wherry, Robert(R) Hills 13
- Wilson, Vicki(R) Rock 9
- Wood, Clayton(R) Merr 13
No — 162
- Almy, Susan(D) Graf 17
- Ames, Dick(D) Ches 13
- Balboni, Peggy(D) Rock 38
- Baldwin, Heather(D) Graf 4
- Bay, Luz(D) Straf 21
- Beauchemin, Paige(D) Hills 3
- Berch, Paul(D) Ches 6
- Bergeron, Dan(D) Hills 16
- Bixby, Peter(D) Straf 13
- Bolton, Bill(D) Graf 8
- Booras, Efstathia(D) Hills 8
- Bricchi, Tracy(D) Merr 15
- Budathoki, Suraj(D) Hillsborough 40
- Burroughs, Anita(D) Carr 2
- Burton, Wayne(D) Straf 10
- Butler, Billie(D) Straf 12
- Cahill, Michael(D) Rock 10
- Caplan, Tony(D) Merr 8
- Chourasia, Manoj(D) Hills 11
- Chretien, Suzanne(D) Hills 19
- Cloutier, John(D) Sull 6
- Colby, Eleana(D) Merr 9
- Cormen, Thomas(D) Graf 15
- Cornell, Patricia(D) Hills 22
- Damon, Hope(D) Sull 8
- Darby, Will(D) Hills 11
- Dargie, Paul(D) Hills 43
- Davis, Fred(D) Hills 3
- DiSilvestro, Linda(D) Hills 17
- Dolan, William(D) Hills 9
- Ebel, Karen(D) Merr 7
- Edgar, Michael(D) Rock 29
- Elberger, Susan(D) Hills 5
- Faulkner, Barry(D) Ches 10
- Fellows, Sallie(D) Graf 8
- Foss, Lily(D) Hills 41
- Fox, Dru(D) Ches 2
- Foxx, Loren(D) Hills 2
- Fracht, David(D) Graf 16
- Gallager, Eric(D) Merr 20
- Georges, Mary(D) Hills 23
- Germana, Nicholas(D) Ches 15
- Gilman, Julie(D) Rock 11
- Gilmore, Gary(D) Straf 16
- Girard, Dale(R) Sull 6
- Grote, Jaci(D) Rockingham 24
- Gruber, James(D) Ches 16
- Grund, Stephanie(D) Hills 34
- Guthrie, Joseph(R) Rock 15
- Hakken-Phillips, Mary(D) Graf 12
- Hall, Muriel(D) Merr 9
- Harriott-Gathright, Linda(D) Hills 10
- Hartnett, Tim(D) Hillsborough 41
- Harvey, Cathryn(D) Ches 6
- Haskins, Linda(D) Rockingham 11
- Hegner, Karen(D) Hills 41
- Herbert, Christopher(D) Hills 24
- Hicks, Matthew(D) Merr 24
- Horrigan, Timothy(D) Straf 10
- Howard, Heath(D) Straf 4
- Howard, Molly(D) Hills 31
- Howland, Allan(D) Straf 20
- Jack, Martin(D) Hills 10
- Jacobs, Samantha(D) Ches 15
- Jeudy, Jean(D) Hills 23
- Johnson, Erik(D) Straf 11
- Jones, Philip(D) Ches 3
- Juris, Louis(D) Hills 7
- Kelly, Eileen(D) Merr 8
- Kerwin, Erin(D) Hills 40
- Kluger, Lee Ann(D) Hills 6
- Knab, Allison(D) Rock 12
- LaMontagne, Jessica(D) Straf 17
- Lane, Connie(D) Merr 16
- Larochelle, John(D) Straf 19
- LeClerc, Daniel(D) Hills 34
- Leishman, Peter(D) Hills 33
- Levesque, Cassandra(D) Straf 4
- Lloyd, Christal(D) Hills 8
- Long, Patrick(D) Hills 26
- Lucas, Janet(D) Graf 7
- Luneau, David(D) Merr 9
- MacKenzie, Mark(D) Hills 40
- Maggiore, Jim(D) Rock 23
- Malloy, Dennis(D) Rock 24
- Mandelbaum, Jennifer(D) Rock 21
- Manohar, Sanjeev(D) Hills 9
- Manos, Zoe(D) Rock 12
- McAleer, Chris(D) Carr 2
- McGhee, Kat(D) Hills 35
- Meuse, David(D) Rock 37
- Miller, Seth(D) Straf 21
- Muirhead, Russell(D) Graf 12
- Muns, Chris(D) Rock 29
- Murphy, Nancy(D) Hills 12
- Murray, Alissandra(D) Hills 20
- Murray, Kate(D) Rockingham 22
- Murray, Megan(D) Hills 37
- Newell, Jodi(D) Ches 4
- Newman, Ray(D) Hills 4
- Newman, Sue(D) Hills 4
- Newsom, James(D) Merr 9
- O'Rorke, Terri(D) Ches 7
- Oppel, Thomas(D) Grafton 9
- Paige, David(D) Carr 1
- Paige, Mark(D) Rock 11
- Palmer, William(D) Sull 2
- Parshall, Lucius(D) Ches 8
- Pearson, Wayne(D) Straf 12
- Petrigno, Peter(D) Hills 43
- Plamondon, Marc(D) Hills 3
- Preece, David(D) Hills 17
- Raymond, Heather(D) Hills 5
- Raynolds, Ned(D) Rock 39
- Richards, Beth(D) Merr 17
- Rockmore, Ellen(D) Graf 12
- Rombeau, Catherine(D) Hills 2
- Rung, Rosemarie(D) Hills 12
- Ryan, Linda(D) Hills 4
- Salvi, Santosh(D) Hills 9
- Sargent, Gregory(D) Merr 7
- Schamberg, Thomas(D) Merr 6
- Scherr, Buzz(D) Rock 26
- Schmidt, Peter(D) Straf 14
- Schultz, Kris(D) Merr 29
- Seibert, Christine(D) Hills 21
- Selig, Loren(D) Straf 10
- Simpson, Alexis(D) Rock 33
- Smith, Marjorie(D) Straf 10
- Snodgrass, Jim(D) Merr 28
- Sofikitis, Catherine(D) Hills 7
- Sorensen, Carrie(D) Rock 28
- Soucy, Timothy(D) Merr 21
- Southworth, Thomas(D) Straf 11
- Spahr, Terry(D) Graf 12
- Spier, Carry(D) Hills 6
- Staub, Kathy(D) Hills 25
- Stavis, Laurel(D) Graf 13
- Stringham, Jerry(D) Graf 3
- Sullivan, Brian(D) Sull 1
- Sullivan, Jared(D) Graf 2
- Swanson, Dale(D) Hills 5
- Sykes, George(D) Graf 14
- Taylor, Brian(R) Carr 8
- Telerski, Laura(D) Hills 11
- Tellez, Trinidad(D) Hills 40
- Thomas, Wendy(D) Hills 12
- Turer, Eric(D) Rock 6
- Vail, Suzanne(D) Hillsborough 6
- Vallone, Mark(D) Rock 5
- Veilleux, Daniel(D) Hills 34
- Wade, Alice(D) Straf 15
- Wall, Janet(D) Straf 11
- Wallner, Mary Jane(D) Merr 19
- Ward, Gerald(D) Rock 27
- Weber, Lucy(D) Ches 5
- Weinstein, Toni(D) Rock 10
- Wheeler, Jonah(D) Hills 33
- Wilhelm, Matthew(D) Hills 21
- Woodcock, Stephen(D) Carr 1
- Woods, Gary(D) Merr 30
- de Vries, Erica(D) Rock 29
Presiding — 1
- Smith, Steven(R) Sull 3
Excused — 27
- Ball, Lorie(R) Rock 25
- Buco, Thomas(D) Carr 1
- Coker, Matthew(R) Belk 2
- Drew, Matt(R) Hills 19
- England, Myles(D) Straf 12
- Franz, Linda(R) Graf 6
- Gibbs, Merryl(D) Merr 23
- Gregg, Alicia(D) Hills 7
- Grossman, Gaby(D) Rock 11
- Lovett, Peter(D) Graf 8
- Mannion, Tim(R) Hills 1
- Minor, Sheri(R) Belk 5
- Murphy, Michael(R) Coos 6
- Nagel, David(D) Belk 6
- Nelson, Jodi(R) Rock 13
- Packard, Sherman(R) Rock 16
- Paquette, Kathleen(R) Hills 25
- Payeur, Stephanie(D) Merr 8
- Peternel, Katy(R) Carr 6
- Read, Ellen(D) Rock 10
- St. Clair, Charlie(D) Belknap 5
- Suiter, John(R) Hills 36
- Tenczar, Jeffrey(R) Hills 1
- Tierney, James(R) Coos 1
- Toner, Travis(R) Belk 4
- Varney, Peter(R) Belk 7
- Verville, Kevin(R) Rock 2
Absent — 17
- Ankarberg, Aidan(I) Straf 7
- Bordes, Mike(R) Belk 5
- Dumais, Russell(R) Belk 6
- Grill, Jessica(D) Hills 18
- Harvey-Bolia, Juliet(R) Belk 3
- Leapley, Nicole(D) Hills 22
- MacKay, James(D) Merr 18
- Malone, Amy(D) Straf 9
- Morse, Bryan(R) Merr 3
- Roesener, James(D) Merr 22
- Selby, Donald(R) Rock 9
- Smith, Geoffrey(D) Straf 21
- Stone, John(D) Straf 12
- Summers, James(R) Rock 20
- Trottier, Douglas(R) Belk 8
- Vandecasteele, Susan(R) Rock 25
- Walsh, Thomas(R) Merr 10
Ought to Pass
Decided on a voice vote. Only the outcome was recorded — there is no count of how any member voted.
Committee reports
Reproduced from the House Calendar in the committee’s own words.
Majority — OUGHT TO PASS
This bill allows school districts to borrow and categorize funds as revenue, so long as they are only used for the same purpose as the anticipated fund source. Reimbursement anticipation note funds come from two sources, RSA 186-C:18 (special education aid) and RSA 198:42 (adequacy education grants). The governing body, after notice and public hearing, may elect to borrow such funds and recognize the proceeds of the borrowing as revenue for property tax rate setting purposes by providing written notification to the Commissioner of the Department of Revenue Administration stating the specific amount of borrowing to be recognized as revenue. A reimbursement anticipation note (RAN) is often considered a short-term financial tool used by districts to cover temporary cash flow gaps while waiting for expected revenues from sources such as taxes or grants. If a district decides to borrow funds from projected, then this bill requires the district to use said funds toward resource elements and services necessary to deliver criteria and key elements associated with adequacy. The same scenario is applicable to funds derived from special education. The primary purpose for adequacy and special education funds is for those services, not for other non-related purposes. Vote 10-8.
Minority — INEXPEDIENT TO LEGISLATE
The minority finds this bill unnecessary and unrealistic to implement. Given that statute already acknowledges use of differentiated aid funds for all educational needs including operating costs of the district, tying reimbursement anticipation notes (RAN) to specific purposes is inappropriate. This bill could substantially narrow the ability of a district to borrow needed funds.
Hearings and recordings
Recordings are the General Court’s own, on YouTube. Start times are estimates unless stated otherwise, and the player opens early.
- January 27, 2026 at 10:00Education Funding public hearing recording 0:31:01–0:34:30, about 3 min (estimated)
- February 17, 2026 at 10:00Education Funding executive session recording (start time not identified)
- March 5, 2026House floor debate floor recording
- April 1, 2026 at 13:10Education Finance hearing recording (start time not identified)
- April 23, 2026Senate floor debate recording (start time not identified)
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