2008 House Bill 6002: Revise Natural Resources Trust Fund rules

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Introduced by Rep. Steven Lindberg (D) on April 22, 2008, to revise the rules for use of the money in the Natural Resources Trust Fund. The trust fund receives money from oil, gas, and mineral royalties and leases on state-owned lands and uses this for land acquisitions, and conservation and recreation projects. The bill would allow the fund to go into debt so it could purchase more land. The bill is tie-barred (can’t become law unless that measure also does) to Senate Joint Resolution M or House Joint Resolution ZZ, which would allow the trust fund to spend up to two-thirds of the revenue it takes in year, rather than one-third allowed under current law.
- Referred to the House Natural Resources, Tourism, and Outdoor Recreation Committee on April 22, 2008.

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1) State Land Grab Trust by Mike Hignite on April 27, 2008
I don't want the state competing with private individuals for the purchase of land. Use the taxes you grab for the leases to fund existing recreational areas.

I certainly never want the state to go into debt to purchase more land. The state should not be going into debt for ANY of the reasons related to land use that were identified.
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2) question by Anonymous Citizen on April 26, 2008
Where does the 2/3 of the revenue go now??? Is it "borrowed" from the fund to pay for the many pet projects that seem to come from the Governors office and the legislature??
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3) 2008 House Bill 6002 (Revise Natural Resources Trust Fund rules ) by admin on January 1, 2001
Introduced in the House on April 22, 2008

Click here to view bill details.
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