apportion interest earnings from the unclaimed property trust fund to school districts.

Summary

The bill would have the state’s commissioner of school and public lands distribute interest, dividend and other earnings from the unclaimed‑property trust fund to each school district in proportion to its average daily student count. It adds a new calculation that sends 4 % of the trust fund’s market value each year to the general fund for this purpose. The measure aims to give schools an extra source of revenue without touching the trust fund’s principal.

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