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S.B. 120

             1     

ALLOCATION OF PROFITS FROM SCHOOL

             2     
AND INSTITUTIONAL TRUST LANDS

             3     
2005 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: Thomas V. Hatch

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill provides for the allocation of trust lands revenue designated for the benefit of
             10      the state's normal schools.
             11      Highlighted Provisions:
             12          This bill:
             13          .    requires that trust lands revenues distributed for the benefit of the state's normal
             14      schools shall be allocated to colleges of education within the state system of higher
             15      education in proportion to the number of bachelor's degrees awarded by the colleges
             16      of education in the previous fiscal year.
             17      Monies Appropriated in this Bill:
             18          None
             19      Other Special Clauses:
             20          This bill takes effect on July 1, 2005.
             21      Utah Code Sections Affected:
             22      ENACTS:
             23          53C-3-105, Utah Code Annotated 1953
             24     
             25      Be it enacted by the Legislature of the state of Utah:
             26          Section 1. Section 53C-3-105 is enacted to read:
             27          53C-3-105. Disposition of revenue for normal schools.



             28          Money distributed for the benefit of the state's normal schools, as provided under the
             29      Utah Enabling Act, Utah Constitution Article X, Section 7, Utah Constitution Article XX,
             30      Section 2, and Sections 53C-3-101 and 53C-3-103 , shall be allocated to the colleges of
             31      education within the state system of higher education, as defined in Section 53B-1-102 , in
             32      proportion to the number of bachelor's degrees awarded by the colleges of education in the
             33      previous fiscal year.
             34          Section 2. Effective date.
             35          This bill takes effect on July 1, 2005.




Legislative Review Note
    as of 1-10-05 12:59 PM


Based on a limited legal review, this legislation has not been determined to have a high
probability of being held unconstitutional.

Office of Legislative Research and General Counsel


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