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House recognizes 20th anniversary of School and Institutional Trust Lands Administration
Summary
The House adopted HCR 4, recognizing two decades of the School and Institutional Trust Lands Administration, its growth and contributions to education funding; the resolution passed 72–1 with two absences.
Representative Brown presented HCR 4 to acknowledge the 20th anniversary of the School and Institutional Trust Lands Administration (SITLA). Brown recounted the program’s origins and said the trust had grown from roughly $50 million to about $1.8 billion through changes in management and policy, producing significant revenue for education.
Members praised the trust’s returns and supported the resolution as recognition of long-term management improvements. Representative Noel and others highlighted the fund’s growth and potential to support education with investment returns. After summation, the House adopted the resolution; the clerk recorded 72 yeas, 1 nay, and 2 absences and the resolution will be sent to the Senate for consideration.
