SB 903: PUBLIC LAND TRUST WORKING GROUP; OHA; PUBLIC LAND TRUST; INVENTORY; FINANCIAL REPORTING AND ACCOUNTING; REPORTS; SETTLEMENT; LRB; APPROPRIATION

Amends the membership and responsibilities of the Public Land Trust Working Group established under Act 226, SLH 2022.  Requires the Working Group to submit four reports to the Legislature:  by 8/1/2026, a first interim report regarding the public land trust inventory; by 12/1/2026, a second interim report regarding Act 178, SLH 2006, financial reporting and accounting; by 6/1/2027, a preliminary draft settlement of the income and proceeds from OHA's pro rata portion of the public land trust; and by 10/1/2027, a final report that includes a final draft settlement.  Requires the State, OHA, and other applicable parties to begin preliminary negotiations regarding the final draft settlement by 10/1/2027.  Appropriates funds for the Legislative Reference Bureau to retain independent third-party professionals for the Working Group and requires matching funds from OHA.  Effective 7/1/3000.  (HD2)