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House approves changes to school trust distribution and votes to put constitutional amendment on ballot
Summary
The House approved first-substitute SB 109 to distribute a 4% annual payout from school and institutional trust revenues to community councils, and passed a companion constitutional resolution (SJR 12) to permit the distribution mechanism; supporters said it directs more funds to local schools while preserving the trust corpus.
The Utah House passed first-substitute Senate Bill 109, a measure that changes how money from the school and institutional trust lands is distributed, and approved a companion constitutional resolution to permit the distribution approach.
Representative Brown explained the bill at length, distributing a handout and reviewing trust land acreages and revenue sources across multiple beneficiary trusts. He described SB 109’s mechanism as taking a 12-quarter rolling average of trust revenue and distributing 4% annually to community councils and other beneficiaries so local…
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