HCR 2031 Initials JH Page 1 Government ARIZONA HOUSE OF REPRESENTATIVES Fifty-seventh Legislature First Regular Session HCR2031: land trust; distributions; common schools Sponsor: Representative Livingston, LD 28 Committee on Government Overview Alters the amount of money that can be distributed from the permanent state school fund and establishes requirements for distributing and using the money from the fund. History Proposition 123 increased the annual distributions from the permanent school fund to schools, universities and other public institutions from 2.5% of average market values to 6.9% requiring inflation adjustment for ten fiscal years following FY 2015. It provides guidelines by which inflation adjustments may be suspended depending on the economic circumstances facing the state. It is set to expire in FY 2025 (JLBC, Legislative Council). Provisions 1. Requires the distribution from the permanent state school fund be five percent of the average monthly market values of the fund for the immediately preceding five calendar years. (Sec. 1) 2. Requires the legislature starting in FY 2026 to appropriate money distributed in this measure to the Superintendent of Public Instruction for distribution to public schools as described in the following provisions. (Sec. 1) 3. Removes provisions allowing for the Legislature to reduce the distribution of funds with the approval of the Governor. (Sec. 1) 4. Requires the Superintendent of Public Instruction to annually allocate money based on the weighted student count of each public school to support the cost of increasing wages. (Sec. 1) 5. Specifies that schools receiving money must: a) use the money only for costs incurred to increase the wages of eligible teachers; b) ensure the increase is the same for all eligible teachers; c) post the percentage increase on the website of each public school; d) use money to supplement and not supplant existing federal, state and local funding for teacher compensation. (Sec. 1) 6. Specifies a teacher is eligible to receive an increase if they meet the following requirements: a) are employed as a full-time classroom teacher; b) meet or exceed teacher performance standards determined by the state; ☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note HCR 2031 Initials JH Page 2 Government c) spend more than 75 percent of their time at work on non-administrative activities and classroom instruction; d) are employed in a public school in compliance with all reporting and auditing requirements established by the Legislature. (Sec. 1) 7. Contains a legislative intent clause. (Sec. 2) 8. Requires the Secretary of State to submit the measure to voters for a special election in 2025. (Sec. 2)