This bill clarifies the Land Trusts Protection and Advocacy Office's role and implements distribution accountability requirements for non-public education trust beneficiaries.
This bill:
- defines terms;
- clarifies the authority and purpose of the advocacy office as the primary representative of the trust beneficiaries;
- refines the duties of the advocacy office director;
- defines accountability requirements for use of trust distributions in response to a legislative audit;
- updates the composition of the nominating committees for the trustee boards; and
- makes technical and conforming changes.
Recommended by: Natural Resources, Agriculture, and Environment Interim Committee