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House advances trust‑lands package aimed at strengthening fiduciary duty to school beneficiaries
Summary
Lawmakers advanced a three‑bill package (HB46, HB47, substitute HB48) intended to align State Land Board duties with the Constitution and Enabling Act by statutorily prioritizing trustees’ loyalty to school beneficiaries; bills passed the House and were sent to the Senate after floor debate over environmental and planning concerns.
The House moved forward a package of bills on Feb. 5 intended to tighten statutory direction for management of school and institutional trust lands and to change how land‑generated revenues are handled for maintenance.
Representative Mel R. Brown, sponsor of the package, told members HB46 would amend statute to require the State Land Board to administer trust lands “in a prudent man prudent manner with undivided loyalty to the beneficiaries” and make the beneficiaries’ interest paramount. “We feel…
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