Donación de propiedades escolares para la preservación histórica

(Feb. 15, 1876. Amended Aug. 14, 1883, Nov. 5, 1985, Nov. 7, 1995, and Nov. 8, 2011.) Sec. 4A. (Repealed Nov. 6, 2001.) (TEMPORARY TRANSITION PROVISION for Sec. 4A: See Appendix, Note 3.) Sec. 4B. DONATION OF REAL PROPERTY BY INDEPENDENT SCHOOL DISTRICT FOR HISTORICAL PRESERVATION. (a) The legislature by general law may authorize the board of trustees of an independent school district to donate district real property and improvements formerly used as a school campus for the purpose of preserving the improvements. (b) A law enacted under this section must provide that before the board of trustees may make the donation, the board must determine that: (1) the improvements have historical significance; (2) the transfer will further the preservation of the improvements; and (3) at the time of the transfer, the district does not need the real property or improvements for educational purposes. (Added Nov. 6, 2001.) Sec. 5. PERMANENT SCHOOL FUND AND AVAILABLE SCHOOL FUND: COMPOSITION, MANAGEMENT, USE, AND DISTRIBUTION. (a) The permanent school fund consists of all land appropriated for public schools by this constitution or the other laws of this state, other properties belonging to the permanent school fund, and all revenue derived from the land or other properties. The available school fund consists of the distributions made to it from the total return on all investment assets of the permanent school fund, the taxes authorized by this constitution or general law to be part of the a