HB133 Summary

• Proposes a constitutional amendment to transfer sixteenth section school land and school indemnity land located in the Town of Eldridge annexation area (Walker County) from the Commissioner of Conservation and Natural Resources to the Walker County Board of Education.

• Authorizes the Walker County Board of Education to manage, sell, lease, and control the transferred lands and any timber, minerals, or other natural resources on the property.

• Requires proceeds from land sales to be deposited into a trust account in Walker County, with annual interest distributions going to the Walker County school system.

• Directs proceeds from timber, mineral, or natural resource sales and lease payments to be paid directly to the Walker County Board of Education General Fund.

• Requires voter approval through a general election conducted in accordance with state election laws and the Alabama Constitution.