Modifies duties of the school trust lands director and required reports to the Legislative Permanent School Fund Commission.

The bill modifies the duties of the school trust lands director to include advancing strategies for ecosystem services markets, submitting recommendations on land leases, sales, or exchanges, and serving as temporary trustee for eminent domain proceedings. It also modifies the director's required report to the Legislative Permanent School Fund Commission to include information on sustainable asset management strategies, land management policies, financial position of assets, recommended statutory changes, and fund distributions to public and charter schools.

Modifies duties of the school trust lands director and required reports to the Legislative Permanent School Fund Commission.

The bill modifies the duties of the school trust lands director to include advancing strategies for ecosystem services markets, submitting recommendations on land leases, sales, or exchanges, and serving as temporary trustee for eminent domain proceedings. It also modifies the director's required report to the Legislative Permanent School Fund Commission to include information on sustainable asset management strategies, land management policies, financial position of assets, recommended statutory changes, and fund distributions to public and charter schools.