New Hampshire Statutes
§ 198:20-d — Reimbursement Anticipation Notes
New Hampshire § 198:20-d
This text of New Hampshire § 198:20-d (Reimbursement Anticipation Notes) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 198:20-d (2026).
Text
Notwithstanding any other provision of law to the contrary, a school district or a city with a dependent school district may incur debt in anticipation of reimbursement under RSA 186-C:18 and under RSA 198:42. The governing body, after notice and public hearing, may elect to borrow such funds and to 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. Any borrowing under this section shall be exempt from the provisions of RSA 33, relative to debt limits.
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Legislative History
1992, 238:4. 1994, 337:3. 1998, 243:2. 1999, 17:43, eff. April 29, 1999; 17:44, eff. at 12:01 a.m., July 1, 1999; 303:9, eff. at 12:02 a.m., July 1, 1999.
Nearby Sections
5
§ 198:20
Closing of Nonpublic Schools§ 198:20-d
Reimbursement Anticipation NotesCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 198:20-d, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/198/198%3A20-d.