Establishes the permanent public school fund to reduce school district taxes and fund prekindergarten programs.

The bill establishes the permanent public school fund, a special fund in the state treasury outside the general revenue fund. The fund consists of money appropriated by the legislature and interest or other earnings from investments. The comptroller must deposit $10 million into the fund at the start of each state fiscal biennium. The fund can be invested in cryptocurrencies, corporate bonds, municipal bonds, and U.S. treasury bills.

Establishes the permanent public school fund to reduce school district taxes and fund prekindergarten programs.

The bill establishes the permanent public school fund, a special fund in the state treasury outside the general revenue fund. The fund consists of money appropriated by the legislature and interest or other earnings from investments. The comptroller must deposit $10 million into the fund at the start of each state fiscal biennium. The fund can be invested in cryptocurrencies, corporate bonds, municipal bonds, and U.S. treasury bills.