Credit State Public School Fund from Natural Resources
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects |
Concerning crediting to the state public school fund money received from the removal of natural resources on public school lands.
Bill Summary:
Joint Budget Committee. Under current law, with certain exceptions, royalties and other payments for the depletion or extraction of a natural resource on public school lands is credited to the public school fund, which is also known as the permanent fund.
The bill requires that:
- For the 2025-26 state fiscal year, $25 million of this money be credited to the state public school fund; and
- For the 2026-27 state fiscal year, $45 million of this money be credited to the state public school fund.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Representative
Emily Sirota
Representative
Rick Taggart
Senator
Jeff Bridges
Senator
Barbara Kirkmeyer
Committees
House
Appropriations
If you require reasonable accessibility accommodation to access this content, please email accessibility@coleg.gov.
Upcoming Schedule
1 meeting