HB0048S02 | School Trust Fund Modifications

Description
General Description: 

This bill amends provisions related to school and institutional trust fund management, advocacy, and distribution of funds.

Bill Details
Year: 
2019
Status: 
Governor Signed
Last Action: 
Mar 25, 2019
Sponsor
Representative
Republican - District 2
Fiscal Note
Fiscal Note Amount: 
$0
None
Utah PTA Response
Utah PTA Position
Pending
Utah PTA Resolution: 
Impact on Children: 

This is a clean up bill for State Trust Funds and would further protect the fund.

Commission: 
Trust Lands
Education
Utah PTA Public Policy Program
National PTA and Utah PTA Resolutions: 

Resolved, That Utah PTA encourage State and local officials to take all necessary steps to assure that management of the School Trust Lands is in accordance with trust duties and principles including undivided loyalty to the beneficiaries, a duty to make trust property productive, a duty to keep and render accounts, and a duty to exercise prudence and skill in administering the trust, thereby obtaining much-needed revenue for Utah's public schools;