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DIGEST OF HJ0005 (Updated January 29, 2004 1:56 pm - DI 84)
Early learning trust fund. Establishes the early learning trust fund. Transfers the balance of the common school fund to the early learning trust fund. Allows the principal and income of the early learning trust fund to be used only for educational programs for children before entering primary school, including kindergarten. Repeals provisions requiring the common school fund to be invested for the benefit of the counties, requiring counties to preserve the common school fund, and requiring that all trust funds held by the state remain inviolate and be applied to the purposes for which the trust was created. This proposed amendment has not been previously agreed to by a general assembly .
