BILL NUMBER: AB 1833	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Knight

                        FEBRUARY 22, 2012

   An act to amend Section 6217.5 of the Public Resources Code,
relating to state lands.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1833, as introduced, Knight. State lands: school lands
revenues.
   Existing law requires all net revenues, moneys, and remittances
from the use of school lands and lieu lands, except as specified, to
be deposited in the State Treasury to the credit of the Teachers'
Retirement Fund and expended pursuant to specified provisions.
   This bill instead would require all net revenues, moneys, and
remittances from the use of school lands and lieu lands, except as
specified, to be deposited in the State School Fund and expended for
the benefit of pupil instruction.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 6217.5 of the Public Resources Code is amended
to read:
   6217.5.  Except for the revenues distributed pursuant to Section
3826, all net revenues, moneys, and remittances from the use of
school lands and lieu lands shall be deposited in the  State
Treasury to the credit of the Teachers' Retirement Fund and shall be
expended pursuant to Section 24702 of the Education Code 
 State School Fund and shall be expended for the benefit of pupil
instruction  .