modifying the base cost of an adequate education.

SB 582 increases New Hampshire's base cost for an adequate education from $4,100 to $7,356.01 per student for the 2027-2028 school year, directly affecting public schools receiving state funding. It expands the definition of "adequate education" to include specific resources like teachers, counselors, technology, and facilities maintenance. The bill requires the state to update this cost every two years using actual school data and adjusts funding formulas accordingly. The fiscal note estimates this change will cost approximately $500 million annually starting in 2028, funded through the Education Trust Fund.