SB 608

Status: Sent to governor
Author: Sen. Kirk Watson
Sponsor: Rep. Chris Paddie
Summary: Sunset legislation that continues the School Land Board (SLB) through 2031. Adds two new public members to the board, including a member from a county of less than 200,000 people, and removes the ability of the attorney general to appoint a public member. Requires an annual joint meeting of the SLB and SBOE to discuss investment and asset allocation of the Permanent School Fund. Amends the statutory cap on the market value of SLB real estate investments to no more than 15 percent of the market value of total assets held by the SLB and SBOE.  

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