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House approves revisions to School and Institutional Trust Lands statute
Summary
The House passed a first substitute to HB 51 clarifying SITLA's governance, authority to acquire/dispose of land and water assets, and raising certain mining-claim fees; sponsor said the trust fund has grown to about $1.1 billion. The bill passed 72–0.
The Utah House on Feb. 7 approved the first substitute to House Bill 51, a package of statutory updates for the School and Institutional Trust Lands Administration (SITLA). Representative Barris, sponsor of the bill, told members the measure includes housekeeping and substantive changes intended to help SITLA continue to manage trust lands "like a business" and grow the fund for beneficiaries.
Key floor points included authority…
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