Beginning July 1, 2025, payments on projects that were approved before July 1, 2013, shall adhere to the following:
- (a) School building aid payments shall be made semi-annually, in October and April of each fiscal year;
- (b) Semi-annual payments shall be in approximately equal amounts; and
- (c) In the event that payments are prorated in accordance with RSA 198:15-e, the October payment shall be 50 percent of the annual total, with the full prorated reduction occurring in the April payment.
Source. #8631, eff 5-19-06; ss by #10363, eff 6-15-13; ss by #13054, eff 6-12-20 (formerly Ed 321.31); ss by #14023, eff 7-12-24; ss by #14215, eff 3-14-25