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127A.30 PERMANENT SCHOOL FUND ADVISORY COMMITTEE.
A state Permanent School Fund Advisory Committee is established to advise the Department
of Natural Resources on the management of permanent school fund land, which is held in trust for
the school districts of the state. The advisory committee must consist of the following persons
or their designees: the chairs of the education committees of the legislature, the chairs of the
senate Committee on Finance and house Committee on Ways and Means, the commissioner of
education, one superintendent from a nonmetropolitan district, and one superintendent from
a metropolitan area district. The school district superintendents shall be appointed by the
commissioner of education.
The advisory committee shall review the policies of the Department of Natural Resources
and current statutes on management of school trust fund lands at least semiannually and shall
recommend necessary changes in statutes, policy, and implementation in order to ensure provident
utilization of the permanent school fund lands.
History: 1982 c 548 art 4 s 2; 1986 c 444; 1993 c 4 s 16; 1Sp1995 c 3 art 16 s 13; 1998 c
397 art 4 s 5,51; art 11 s 3; 1998 c 398 art 6 s 22; 2003 c 130 s 12