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Read. Follow. Verify.Utah Legislature creates public education stabilization trust fund and mandates $350 million annual allocation
Last action · March 6, 2026: House/ filedSponsors: Neil Walter and 1 other
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What This Bill Proposed
This bill establishes the Public Education Economic Stabilization Trust Fund managed by the state treasurer and requires an annual $350 million from the existing Public Education Economic Stabilization beginning in 2027. The measure exempts the new trust fund from the , outlines investment and administrative duties for the state treasurer, and sets priority rules for public education funding.
Changes the statutory priority of state education funds by carving out a mandatory $350 million yearly transfer to a long-term investment trust fund before other one-time public education s are distributed, affecting how state education revenues are managed and deployed.
- The Utah Legislature maintains restricted accounts within the Uniform School Fund to manage revenue fluctuations and support public education funding. context
- The Money Management Act governs the investment and deposit practices for public funds in Utah unless specific statutory exemptions apply. context
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
state treasurer
Assumes the duty to invest the assets of the new trust fund, manage administrative costs, and hire professional asset managers.
public education system
Receives mandatory annual appropriations of $350 million starting in fiscal year 2027 along with designated one-time funding allocations.
Office of the Legislative Fiscal Analyst
Required to review account funding percentages and report recommendations every three years.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the primary purpose of HB 521?
Who is responsible for managing the new trust fund's assets?
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · passed the House · in Senate committee.
Procedural history
31 actions- Mar 6, 2026HouseHouse/ filed
- Mar 6, 2026HouseHouse/ received from Senate
- Mar 6, 2026SenateSenate/ to House
- Mar 6, 2026SenateSenate/ strike enacting clause
- Mar 5, 2026SenateSenate/ comm rpt/ sent to Rules
- Mar 4, 2026SenateSenate Comm - Recommends Returned to Rules
Show 25 earlier actions
- Mar 4, 2026SenateSenate Comm - Held
- Mar 2, 2026SenateCommitteeSenate/ to standing committee
- Feb 27, 2026SenateIntroducedSenate/ 1st reading (Introduced)
- Feb 27, 2026SenateSenate/ received from House
- Feb 27, 2026HouseHouse/ to Senate
- Feb 27, 2026HouseFloorHouse/ passed 3rd reading
- Feb 27, 2026HouseHouse/ 3rd reading
- Feb 25, 2026HouseHouse/ 2nd reading
- Feb 25, 2026HouseHouse/ comm rpt/ substituted
- Feb 24, 2026HouseHouse Comm - Favorable Recommendation
- Feb 24, 2026HouseHouse Comm - Substitute Recommendation
- Feb 19, 2026ReleasedLFA/ fiscal note publicly available for HB0521S01
- Feb 19, 2026Version SponsorLFA/ fiscal note sent to sponsor for HB0521S01
- Feb 17, 2026Legislative Fiscal AgencyLFA/ bill sent to agencies for fiscal input for HB0521S01
- Feb 17, 2026Legislative Fiscal AnalystLFA/ bill assigned to staff for fiscal analysis for HB0521S01
- Feb 17, 2026HouseCommitteeHouse/ to standing committee
- Feb 13, 2026HouseHouse/ received fiscal note from Fiscal Analyst
- Feb 13, 2026ReleasedLFA/ fiscal note publicly available for HB0521
- Feb 12, 2026Version SponsorLFA/ fiscal note sent to sponsor for HB0521
- Feb 9, 2026HouseIntroducedHouse/ 1st reading (Introduced)
- Feb 9, 2026HouseHouse/ received bill from Legislative Research
- Feb 9, 2026Legislative Fiscal AgencyLFA/ bill sent to agencies for fiscal input for HB0521
- Feb 9, 2026Legislative Fiscal AnalystLFA/ bill assigned to staff for fiscal analysis for HB0521
- Feb 9, 2026Legislative Research and General CounselNumbered Bill Publicly Distributed
- Feb 9, 2026Legislative Research and General CounselBill Numbered but not Distributed
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Creation of Dedicated Public Education Trust Fund
The bill shifts how surplus education stabilization funds are utilized by mandating a permanent $350 million investment stream starting in 2027.
Connected Entities
Sources
le.utah.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 75)
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
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