Legislative Reference Bureau
Rep. Tyler August (R-Lake Geneva) and Michael Schraa (R-Oshkosh) are proposing a constitutional amendment to eliminate the two offices, which makes up two-thirds of the membership of the Board of Commissioners of Public Lands.
Excerpt: The three of us have a constitutional duty to carry on that mission.
It is a responsibility we take very seriously. The Common School Fund continues to have a significant impact on education today because our forefathers had the vision to grow that fund through the addition of fines, fees and forfeitures that accrue to the state, including unclaimed property. School Trust Funds managed by the Board of Commissioners of Public Lands now total more than $925 million.