Minnesota HF4576: Duties of school trust lands director modified, director's required report to the Legislative Permanent School Fund Commission modified, and report required.

What the bill says

A bill for an act relating to education; modifying the duties of the school trust lands director; modifying the director's required report to the Legislative Permanent School Fund Commission; requiring a report; amending Minnesota Statutes 2024, section 127A.353, subdivision 4, by adding a subdivision.

From the introduced text, March 23, 2026:

A bill for an act relating to education; modifying the duties of the school trust lands director; modifying the director's required report to the Legislative Permanent School Fund Commission; requiring a report; amending Minnesota Statutes 2024, section 127A.353, subdivision 4, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 127A.353, subdivision 4, is amended to read: Subd. 4. Duties; powers. (a) The school trust lands director shall: (1) act in a fiduciary capacity for trust beneficiaries in accordance with the principles under section 127A.351; (2) evaluate the school trust land asset position; (3) determine the estimated current and potential market value of school trust lands; (4) advise and provide recommendations to the governor on school trust land management policies and other policies that may affect the goal of the permanent school fund under section 127A.31; (5) advise and provide recommendations to the Executive Council and Land Exchange Board on all matters regarding school trust lands presented to either body; (6) advise and provide recommendations to the commissioner of natural resources on managing school trust lands, including but not limited to advice and recommendations (ii) leases of school trust lands; (iii) royalty agreements on school trust lands; (iv) land sales and exchanges; (v) cost certification; and (vi) deleted text begin revenue generatingdeleted text end new text begin [ (7) serve …

Read the full official text

Sponsors

• Spencer Igo (R) · primary sponsor
• Tim O'Driscoll (R)
• Andrew Myers (R)

Latest actions

1. April 13, 2026: Author added Myers
2. March 23, 2026: Introduction and first reading, referred to Education Policy

Common questions

What is HF4576?

HF4576 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Duties of school trust lands director modified, director's required report to the Legislative Permanent School Fund Commission modified, and report required.

What does HF4576 do?

In its own words: A bill for an act relating to education; modifying the duties of the school trust lands director; modifying the director's required report to the Legislative Permanent School Fund Commission; requiring a report; amending Minnesota Statutes 2024, section 127A.353, subdivision 4, by adding a subdivision.

What is the status of HF4576?

In committee as of April 13, 2026. Latest action: Author added Myers (April 13, 2026).

Who sponsored HF4576?

Spencer Igo (R), with 2 co-sponsors.

Where is the official record for HF4576?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF4576&y=2025&ssn=0&b=house