H-4042 _______________________________________________
HOUSE JOINT RESOLUTION NO. 4224
_______________________________________________
State of Washington 50th Legislature 1988 Regular Session
By Representatives H. Sommers, Grimm, Holland, Hine, Braddock, P. King, Holm and Pruitt
Read first time 1/18/88 and referred to Committee on Ways & Means.
BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:
THAT, At the next general election to be held in this state there shall be submitted to the qualified voters of the state for their approval and ratification, or rejection, an amendment to Article IX, section 3 of the Constitution of the state of Washington to read as follows:
Article IX, section
3. (1) The
principal of the permanent common school fund, including both the
principal as ((the same)) it existed on June 30, 1965, and
any subsequent amounts appropriated as principal to the fund by the legislature
shall remain permanent and irreducible.
(2) The
((said)) permanent common school fund shall consist of the
principal amount ((thereof existing on June 30, 1965)) under subsection
(1) of this section, and such additions thereto as may be derived after
June 30, 1965, from the following named sources, to wit: Appropriations and
donations by the state to this fund; donations and bequests by individuals to
the state or public for common schools; the proceeds of lands and other
property which revert to the state by escheat and forfeiture; the proceeds of
all property granted to the state when the purpose of the grant is not
specified, or is uncertain; funds accumulated in the treasury of the state for
the disbursement of which provision has not been made by law; the proceeds of
the sale of stone, minerals, or property other than timber and other crops from
school and state lands, other than those granted for specific purposes; all
moneys received from persons appropriating stone, minerals or property other
than timber and other crops from school and state lands other than those
granted for specific purposes, and all moneys other than rental recovered from
persons trespassing on said lands; five per centum of the proceeds of the sale
of public lands lying within the state, which shall be sold by the United
States subsequent to the admission of the state into the Union as approved by
section 13 of the act of congress enabling the admission of the state into the
Union; the principal of all funds arising from the sale of lands and other
property which have been, and hereafter may be granted to the state for the
support of common schools. The legislature may make further provisions for enlarging
said fund.
(3) There
is hereby established the common school construction fund to be used
exclusively for the purpose of financing the construction of facilities for the
common schools. The sources of said fund shall be: (((1))) (a)
Those proceeds derived from the sale or appropriation of timber and other crops
from school and state lands subsequent to June 30, 1965, other than those
granted for specific purposes; (((2))) (b) the interest accruing
on said permanent common school fund from and after July 1, 1967, together with
all rentals and other revenues derived therefrom and from lands and other
property devoted to the permanent common school fund from and after July 1,
1967; and (((3))) (c) such other sources as the legislature may
direct. That portion of the common school construction fund derived from
interest on the permanent common school fund may be used to retire ((such))
bonds ((as may be)) authorized by law prior to January 1, 1987,
for the purpose of financing the construction of facilities for the common
schools.
((The
interest accruing on the permanent common school fund together with all rentals
and other revenues accruing thereto pursuant to subsection (2) of this section
during the period after the effective date of this amendment and prior to July
1, 1967, shall be exclusively applied to the current use of the common schools.))
(4) To the extent that the moneys in the common school construction fund are in excess of the amount necessary to allow fulfillment of the purpose of said fund, the excess shall be available for deposit to the credit of the permanent common school fund or available for the current use of the common schools, as the legislature may direct.
BE IT FURTHER RESOLVED, That the secretary of state shall cause notice of the foregoing constitutional amendment to be published at least four times during the four weeks next preceding the election in every legal newspaper in the state.