Tuesday, Ed Committee hearings. We heard four bills, none of them very
important in my view. There was HB 689,
a bill to set up a system of educational savings accounts for most, perhaps all
students in New Hampshire. The state would kick in $250 per kid. This would be funded by a $100 per account
tax on brokerage houses. This is enough
to drive most brokerage houses out of state.
Advocates claimed that kids with an educational savings account were
seven times more likely to go to college than kids without. Tied in with the savings account deal was a
requirement to teach “”financial literacy” starting in SECOND grade. I asked about that, when I did second grade
we were still learning to add and subtract.
How do you teach balancing your checkbook, or discuss how interest hurts
you on loans and helps you on savings (when the banks pay interest on savings,
which few do today).
Next was HB 489 setting up rules and procedures for children
to change schools. The system in HB 489
seemed unobjectionable. I asked why we
needed this bill this year. Surely kids
have been transferred over all the years the Republic has stood. Why do we need to re write the rules now? No good answer was forth coming.
And yet another fund creeps out of the woodwork. There is a “Public School Infrastructure
Fund”. HB 357 would extend the life of
this fund. From the testimony, the money
has mostly gone to hardening school buildings against school shooters.
And another house keeping bill that should have been handled
administratively. Apparently the state
collects as stores higher ed transcripts, in case the higher end institution
goes out of business, graduates will still be able to get a couple of their
transcript. The state has been keeping
the transcripts forever. HB356 would let
the state throw the transcripts away after 40 years. We amended that to 50 years.
So fresh bills all
heard, we went into executive session and declared previously heard bills HB
357 HB 171 HB 356 and HB 719 ought to pass.
I went to the
afternoon senate commerce committee meeting and spoke in favor of HB 540, a
deal to finance restarting the Balsams resort up in Dixville Notch. The entire North Country
is in favor on account of the jobs and the tourists involved. After hearing all the testimony, Commerce
voted it Ought To Pass 5-0 and put it on the Fast Track calendar, which means
to bill is almost sure to pass the full senate.
And for my last
trick of the day, I testified in favor of SB 138 over in the House. This bill would grant degree granting
authority to Signum University,
a small new startup offering courses over the internet. I have spoken with the Signum people, and
they mean well, they are not a diploma mill.
It was snowing
north of Concord. I 93 was unplowed and slippery. I spun out, did a 360 and wound up in the
ditch. Luck was with me, I didn’t hit
anything, car was unbend, and I was able to pull out backwards onto the
shoulder. It got worse; snow was 3-4
inches deep at Plymouth.
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