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Bill moves non-levy mineral and grazing revenues into dedicated school equalization account
2715918 · March 20, 2025
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Summary
House Bill 18 would deposit non-levy revenues (Taylor Grazing Act receipts and bentonite proceeds) into the SCEPTER account to continue funding school equalization; sponsor said the funds will be distributed as originally intended and the bill passed the House unanimously earlier.
Representative Mark Thane opened House Bill 18 and told the committee the bill implements a provision from last session that created the SCEPTER account to accept proceeds that were previously routed through the general fund. "The proceeds from the 95 mills flow straight to the scepter account to…
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