This bill proposes the establishment of a state land advisory board within the state land department to assist the commissioner in maximizing the value of state lands for beneficiaries. The board will consist of appointed members from the governor, president of the senate, and speaker of the house, and will be responsible for advising on the sale and leasing of state lands, as well as enhancing their value. The department and commissioner are required to provide necessary support and information to the board, which will meet quarterly and may recommend improvements to the legislature.

Additionally, the bill amends existing statutes to clarify the board's role and responsibilities, including the election of a chairperson and the provision of administrative support. It also emphasizes the board's function as the primary asset manager and fiduciary of the state land trust, ensuring that the commissioner fulfills their fiduciary duties effectively.

Statutes affected:
Introduced Version: 37-111, 37-132