Today Sen. Steven Ogden laid out the committee substitute to SJR 5 which, upon voter approval, would consolidate certain assets of the school fund which would allow for an increase in the amount distributed from the Available School Fund (ASF).
The ballot language would say, “The constitutional amendment providing for increase in the market value in the permanent school fund for the purpose of allowing increased distributions from the available school fund.”
CSSJR 5 was passed out of the Senate today with 29 ayes and 2 nays.
