HB 521·UT·house
Public Education Economic Stabilization Restricted Account Amendments
FailedFiled Feb 9, 2026
Sponsor: Neil Walter (R)
Latest Action
House/ filed
Mar 6, 2026
Summary
The bill sets up a Public Education Economic Stabilization Trust Fund that draws money from a newly created restricted account within the Uniform School Fund. The state treasurer invests the fund, and the money is earmarked for a $350 million annual allocation to public‑education needs and other one‑time grants. It also adds the trust fund to a list of accounts exempt from the Money Management Act.
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