SB 43 — Land Trusts Protection and Advocacy Office Amendments
Last action — Governor Signed
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced December 22, 2025. Enacted.
Signed by Governor Spencer Cox (Republican) on March 19, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Bill Text
What changed in the latest version
1114 added · 1127 removedPlain-language change summary
The latest updates to SB 43 clarify the role and responsibilities of the Land Trusts Protection and Advocacy Office, emphasizing its role as the main representative for education trust beneficiaries. It also introduces new accountability requirements for how trust distributions are used, following a recent legislative audit. Additionally, changes have been made to the composition of nominating committees that select trustee board members. These adjustments aim to strengthen oversight and ensure effective management of the trust funds.
01-20Enrolled 16:13Copy S.B.
Burton 3 LONG TITLE CommitteeGeneral Note:Description:
The Natural Resources, Agriculture, and Environment Interim Committee recommended this bill.
Legislative Vote:13 voting for 0 voting against 6 absent General Description:
S This bill provides a special effective date.
B .
4 53C-1-103, as last amended by Laws of Utah 2018, Chapter 448 3 53C-1-203, as last amended by Laws of Utah 2018, Chapters 415, 448 53C-1-301, as last amended by Laws of Utah 2025, Chapter 302 53C-1-303, as last amended by Laws of Utah 2025, Chapter 496 53D-1-102, as last amended by Laws of Utah 2019, Chapter 136 S.B.
43 01-20Enrolled 16:13Copy 53D-1-102, as last amended by Laws of Utah 2019, Chapter 136 53D-1-303, as last amended by Laws of Utah 2018, Chapter 200 53D-1-401, as last amended by Laws of Utah 2018, Chapter 448 53D-1-403, as last amended by Laws of Utah 2018, Chapters 415, 448 53D-1-501, as last amended by Laws of Utah 2018, Chapter 448 53D-2-102, as enacted by Laws of Utah 2018, Chapter 448 53F-9-201, as last amended by Laws of Utah 2024, Chapter 268 53G-7-1206, as last amended by Laws of Utah 2025, Chapter 424 ENACTS:
[(3)] (4) "Director" or "director of school and institutional trust lands" means the chief - 2 - 01-20Enrolled 16:13Copy S.B.
43 [(3)] (4) "Director" or "director of school and institutional trust lands" means the chief executive officer of the School and Institutional Trust Lands Administration.
[(2)(a)(i) Through July 30, 2018, the State Board of Education shall appoint five members to the nominating committee from different geographical areas of the state.] [(ii) Beginning on August 1, 2018, the five members of the Land Trusts Protection and Advocacy Committee, created in Section 53D-2-202, shall serve on the nominating committee.] [(b) The governor shall appoint five members to the nominating committee on or before the December 1 of the year preceding the vacancy on the nominating committee as follows:] [(i)(A) through July 30, 2018, one individual from a nomination list of at least - 3 - S.B.
43 01-20Enrolled 16:13Copy [(i)(A) through July 30, 2018, one individual from a nomination list of at least two names of individuals knowledgeable about institutional trust lands submitted on or before the October 1 of the year preceding the vacancy on the nominating committee by the University of Utah and Utah State University on an alternating basis every four years;
(ii) one individual from a nomination the Utah Farm Bureau submits in consultation with the Utah Cattlemen's Association and the Utah Wool Growers Association on - 4 - 01-20Enrolled 16:13Copy S.B.
43 with the Utah Cattlemen's Association and the Utah Wool Growers Association on or before the October 1 of the year preceding the vacancy on the nominating committee;
(6) A member may not receive compensation or benefits for the member's service, but may - 5 - S.B.
43 01-20Enrolled 16:13Copy (6) A member may not receive compensation or benefits for the member's service, but may receive per diem and travel expenses in accordance with:
(iii) If after the hearing the board finds by a preponderance of the evidence cause for -removal, 6it -shall 01-20remove 16:13the S.B.director from office by a majority vote.
43- removal,6 it- shallEnrolled removeCopy theS.B. director from office by a majority vote.
43 Section 4.
(l) maintain appropriate records of trust activities to enable auditors appointed by -appropriate 7state -agencies S.B.or the board to conduct periodic audits of trust activities;
43- 01-207 16:13- appropriateS.B. state agencies or the board to conduct periodic audits of trust activities;
43 Enrolled Copy (m) provide that all leases, contracts, and agreements be submitted to legal counsel for review of compliance with applicable law and fiduciary duties prior to execution and utilize the services of the attorney general as provided in Section 53C-1-305;
-Section 85. - 01-20 16:13 S.B.
43 Section 5.
53D-1-102- .8 - Enrolled Copy S.B.
43 53D-1-102 .
(2)(a) The board shall establish policies for the management of:
43 01-20Enrolled 16:13Copy (2)(a)(i) The board shall establish policies for the managementoffice, of:including:
(i) the office, including:
and (ii) ensure that any training described in Subsection (3)(h)(i) complies with Title - 10 - 01-20Enrolled 16:13Copy S.B.
43 (ii) ensure that any training described in Subsection (3)(h)(i) complies with Title 63G, Chapter 22, State Training and Certification Requirements.
(1) At least annually, the director shall report in person to the Legislative Management Committee, the governor, and the advocacy office, concerning the office's investments, - 11 - S.B.
43 01-20Enrolled 16:13Copy Committee, the governor, and the advocacy office, concerning the office's investments, performance, estimated distributions, and other activities.
(i) four individuals with experience in the field of institutional investment or - 12 - 01-20Enrolled 16:13Copy S.B.
43 (i) four individuals with experience in the field of institutional investment or endowments, who belong to a respected professional investment organization, or who previously served on the School and Institutional Trust Fund Office's Board of Trustees;
(9) The nominating committee shall, by a majority vote, establish, amend, and publish -guidelines 13consistent -with S.B.this section to govern the nominating process.
43- 01-2013 16:13- guidelinesS.B. consistent with this section to govern the nominating process.
43 Enrolled Copy Section 10.
and] [(d) the School LAND Trust Program, described in Sections 53F-2-404 and 53G-7-1206.] - 14 - 01-20Enrolled 16:13Copy S.B.
43 [(d) the School LAND Trust Program, described in Sections 53F-2-404 and 53G-7-1206.] (8) "School LAND Trust Program" means the program at the State Board of Education which administers trust distributions to public schools, described in Sections 53F-2-404 and 53G-7-1206.
Show all 119 changed lines (79 more)
(a) the School and Institutional Trust Lands Administration Board of Trustees,Trustees; and (b) the School and Institutional Trust Fund Office Board of Trustees.
and (b) the School and Institutional Trust Fund Office Board of Trustees.
(b) Schools for the Deaf, described in Subsection 53E-8-201(1)(a), represented by the - 15 - S.B.
43 01-20Enrolled 16:13Copy (b) Schools for the Deaf, described in Subsection 53E-8-201(1)(a), represented by the superintendent for the State Board of Education, or the superintendent's designee;
(e) College of Mines and Earth Sciences, described in Section 53H-4-208, represented by the Dean of Ŝ→ the College of ←Ŝ Science at the University of Utah, or the dean's 514a designee;
(f) Ŝ→ [College] Colleges ←Ŝ of Education, described in Section 53C-3-105, 515a represented by the chair of the Utah Council of Education Deans, or the chair's designee;
(h) Ŝ→ [Miners'] Miners ←ŜHospital, Hospital Ŝ→ [ for Disabled Miners] ←Ŝ , described in 519a Section 53H-4-207, represented by the director of the Craig H.
(j) Ŝ→ [Division of ] ←Ŝ Juvenile Justice and Youth Services, represented by the director 524a of the Division of Juvenile Justice and Youth Services, created in Section 80-5-103, or the director's designee;
(k) Ŝ→Reservoirs, [reservoirs] Reservoirs ←Ŝ , represented by the director of the Division of 527a Water Resources, created in Section 73-10-18, or the director's designee;
and (l) Ŝ→ [public buildings] Public BuildingsBuildings, ←Ŝ , represented by the executive 529a director of the Capitol Preservation Board, created in Section 63O-2-201.
-(ii) 16timely -notice 01-20of 16:13significant S.B.trust activities;
43 (ii) timely notice of significant trust activities;
(a)- those16 recognized- inEnrolled SectionCopy 53C-1-102;S.B.
43 (a) those recognized in Section 53C-1-102;
and (v) the safeguarding of the trust assets from the pursuit of another state purpose -which 17is -inconsistent S.B.with the beneficiaries' rights and interests;
43 01-20 16:13 which is inconsistent with the beneficiaries' rights and interests;
(ii) monitoring complaintcompliant use of trust distributions by beneficiaries as described in Section 53D-2-501;
and (iv)- facilitating17 resolutions- ofS.B. trust beneficiary disputes, as described in Subsection 53D-2-402(3)(b).
43 Enrolled Copy (iv) facilitating resolutions of trust beneficiary disputes, as described in Subsection 53D-2-402(3)(b).
-(2) 18The -advocacy 01-20council 16:13shall: S.B.
43 (2) The advocacy council shall:
(d) determine the advocacy director's compensation and annually review the compensation- and18 performance- ofEnrolled theCopy advocacyS.B. director as part of the council's budget review process;
43 compensation and performance of the advocacy director as part of the council's budget review process;
-(iii) 19an -employee S.B.of the trustee agencies;
43 01-20 16:13 (iii) an employee of the trustee agencies;
and (c)- shall19 demonstrate- aS.B. willingness to commit time and loyalty to the purposes of the trust.
43 Enrolled Copy (c) shall demonstrate a willingness to commit time and loyalty to the purposes of the trust.
(b) The chair or any two members of the advocacy council may call an additional -meeting. 20 - 01-20 16:13 S.B.
43 meeting.
(iii)- taking20 action- onEnrolled theCopy requestS.B. of a trustee agency;
43 (iii) taking action on the request of a trustee agency;
(3) Notwithstanding Section 52-4-204, and in addition to the reasons to close a meeting -under 21Section -52-4-205: S.B.
43 01-20 16:13 under Section 52-4-205:
and (b) any information the advocacy director shares in the closed meeting from a closed session of the trustee boards, is strictly limited to information that the advocacy director can lawfully share with the advocacy council and may not include any non-public information subject to a confidentiality agreement, or any information shared- in21 a- closedS.B. session in accordance with Subsection 52-4-205(1)(a).
43 Enrolled Copy shared in a closed session in accordance with Subsection 52-4-205(1)(a).
(2)(a) The state treasurer shall appoint one of the individuals described in Subsection -(1)(b)(iii) 22as -the 01-20advocacy 16:13director. S.B.
43 (1)(b)(iii) as the advocacy director.
(c) If the state treasurer declares that the state treasurer will not appoint either of the nominees, the state treasurer and the advocacy council shall repeat the procedure for nomination- and22 appointment- ofEnrolled anCopy advocacyS.B. director until appointing a new advocacy director, as provided in this section.
43 nomination and appointment of an advocacy director until appointing a new advocacy director, as provided in this section.
(b) facilitate the cooperative formulation of protocols for interactions between the -advocacy 23office -and S.B.trustee agencies, and the advocacy office and beneficiaries;
43 01-20 16:13 advocacy office and trustee agencies, and the advocacy office and beneficiaries;
(f)- be23 permitted- toS.B. attend any relevant trust presentation, discussion, meeting, or other gathering relating to activity, policy, or transactions impacting trust beneficiaries subject to the limitations of Subsection 53D-2-304(2);
43 Enrolled Copy (f) be permitted to attend any relevant trust presentation, discussion, meeting, or other gathering relating to activity, policy, or transactions impacting trust beneficiaries subject to the limitations of Subsection 53D-2-304(2);
-(m) 24upon -request, 01-20report 16:13in S.B.person to a trust beneficiary or the Legislature;
43 (m) upon request, report in person to a trust beneficiary or the Legislature;
(p) speak on behalf of trust beneficiaries about activities related to the beneficiaries' trusts, unless a trust beneficiary notifies the advocacy office in writing that the trust beneficiary will speak on the trust beneficiary's own behalf involving a specific issue or- matter;24 - Enrolled Copy S.B.
43 or matter;
-(a) 25subject -to S.B.Sections 53F-2-404 and 53G-7-1206;
43 01-20 16:13 (a) subject to Sections 53F-2-404 and 53G-7-1206;
(b) annually convening an advisory group composed of stakeholders, including the impacted- end25 users- to:S.B.
43 Enrolled Copy impacted end users to:
-Part 266. - 01-20 16:13 S.B.
43 Part 6.
(b) "School and Institutional Trust Fund Office director" or "SITFO director" means the director- of26 the- SchoolEnrolled andCopy InstitutionalS.B. Trust Fund Office, appointed under Section 53D-1-401.
43 director of the School and Institutional Trust Fund Office, appointed under Section 53D-1-401.
(c) If the amount of money deposited into the account under Subsection (4)(a) in any fiscal year exceeds the amount required by the advocacy office during that fiscal year to fund advocacy office operations, the [SITFO][SITFO [director]director] School and Institutional Trust Fund Office shall, in the following fiscal year, reduce the amount deposited into the account under Subsection (4)(a) by the amount of the unspent appropriation.
-(A) 27one; - S.B.
43 01-20 16:13 (A) one;
(b) "Average market value of the State School Fund" means the results of a calculation completed by the SITFO director each fiscal year that averages the value of the State School- Fund27 for- theS.B. past 20 consecutive quarters ending in the prior fiscal year.
43 Enrolled Copy School Fund for the past 20 consecutive quarters ending in the prior fiscal year.
and -(iii) 28any -unused 01-20appropriation 16:13for S.B.the administration of the School LAND Trust Program, as described in Subsection 53F-2-404(1)(c).
43(4) (iii)If, anyat unusedthe end of a fiscal year, the Trust Distribution Account has a balance remaining after subtracting the appropriation amount described in Subsection 53F-2-404(1)(a) for the administrationnext fiscal year, the SITFO director shall, during the next fiscal year, apply the amount of the Schoolremaining LANDbalance from the prior fiscal year toward the current fiscal year's distribution amount by reducing a quarterly deposit to the Trust Program,Distribution as- described28 in- SubsectionEnrolled 53F-2-404(1)(c).Copy S.B.
(4)43 If, at the end of a fiscal year, the Trust Distribution Account has a balance remaining after subtracting the appropriation amount described in Subsection 53F-2-404(1)(a) for the next fiscal year, the SITFO director shall, during the next fiscal year, apply the amount of the remaining balance from the prior fiscal year toward the current fiscal year's distribution amount by reducing a quarterly deposit to the Trust Distribution Account by the amount of the remaining balance from the prior fiscal year.
-(a) 29"Charter -trust S.B.land council" means a council established by a charter school governing board under Section 53G-7-1205.
43 01-20 16:13 (a) "Charter trust land council" means a council established by a charter school governing board under Section 53G-7-1205.
(e)- "Teacher29 and- studentS.B. success plan" or "success plan" means the same as that term is defined in Section 53G-7-1301.
43 Enrolled Copy (e) "Teacher and student success plan" or "success plan" means the same as that term is defined in Section 53G-7-1301.
(b)(i) A council shall create and vote to adopt a LAND trust plan in a meeting of the -council 30at -which 01-20a 16:13quorum S.B.is present.
43 council at which a quorum is present.
and (ii) include with the LAND trust plan a report noting the number of council members who- voted30 for- orEnrolled againstCopy theS.B. approval of the LAND trust plan and the number of council members who were absent for the vote.
43 who voted for or against the approval of the LAND trust plan and the number of council members who were absent for the vote.
(iii) A summary of the report shall be provided to parents of students who attend the -school. 31 - S.B.
43 01-20 16:13 school.
(8)(a)- The31 state- boardS.B. shall provide annual training opportunities to the entities described in Subsection (8)(b) on:
43 Enrolled Copy (8)(a) The state board shall provide annual training opportunities to the entities described in Subsection (8)(b) on:
(12) The state board shall designate a staff member who administers the School LAND Trust Program to serve as a member of the [Land Trusts Protection and Advocacy -Committee] 32School -and 01-20Institutional 16:13Trust S.B.Beneficiaries' Advocacy Council created under [Section 53D-2-202] Section 53D-2-302.
43 Committee] School and Institutional Trust Beneficiaries' Advocacy Council created under [Section 53D-2-202] Section 53D-2-302.
This- bill32 takes- effectEnrolled onCopy JulyS.B. 1, 2026.
43 This bill takes effect on July 1, 2026.
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View plain text versions (4)
- Enrolled View text Current pdf
- Amended Amended 1/20/2026 16:01:293 pdf
- Amended Amended Excerpts 1/20/2026 16:01:293 pdf
- Introduced View text pdf
Amendments
1 amendmentClick Show changes on an amendment above to see how it modifies the bill.
Action History
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Governor Signed
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Senate/ to Governor
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Senate/ received enrolled bill from Printing
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Senate/ enrolled bill to Printing
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Enrolled Bill Returned to House or Senate
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Draft of Enrolled Bill Prepared
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Bill Received from Senate for Enrolling
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Senate/ signed by President/ sent for enrolling
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Senate/ received from House
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House/ to Senate
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House/ signed by Speaker/ returned to Senate
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House/ passed 3rd reading
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House/ 3rd reading
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House/ 2nd reading
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House/ committee report favorable [House Natural Resources, Agriculture, and Environment Committee]
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House Comm - Favorable Recommendation [House Natural Resources, Agriculture, and Environment Committee]
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House/ to standing committee [House Natural Resources, Agriculture, and Environment Committee]
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House/ 1st reading (Introduced)
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House/ received from Senate
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Senate/ to House
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Senate/ passed 2nd & 3rd readings/ suspension
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Senate/ floor amendment
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Senate/ 2nd & 3rd readings/ suspension
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Senate/ placed on 2nd Reading Calendar
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Senate/ 1st reading (Introduced)
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Senate/ received fiscal note from Fiscal Analyst
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LFA/ fiscal note publicly available for SB0043
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LFA/ fiscal note sent to sponsor for SB0043
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Senate/ received bill from Legislative Research
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LFA/ bill sent to agencies for fiscal input for SB0043
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LFA/ bill assigned to staff for fiscal analysis for SB0043
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Numbered Bill Publicly Distributed
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Bill Numbered but not Distributed
Sponsors
- Derrin R. Owens · Primary
- J. Burton · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 102 not signed on
Sponsors (1)
- Derrin R. Owens Republican
Co-sponsors (1)
Not signed on (102)
102 members have not signed on to this bill.
Show all 102 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 43?
- SB 43 is sponsored by Derrin R. Owens (Republican) and Burton, J..
- What is the current status of SB 43?
- This bill has been enacted into law. Introduced December 22, 2025. Enacted.
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