Minnesota Permanent School Fund CONSTITUTIONAL AMENDMENT
EVERY MINNESOTA PUBLIC SCHOOL STUDENT IS PART OF A TRUST FUND.
This fall Minnesotans have the opportunity to vote to update our state’s constitution to pass an amendment to improve how Minnesota’s Permanent School Fund supports students, schools, and communities.
Without increasing existing taxes or costing Minnesotans more money.
WHAT IS THE PERMANENT SCHOOL FUND?
Minnesota's Permanent School Fund was established when Minnesota became a state in 1858. It was created to support public education through revenues generated from school trust lands and investments held for the benefit of Minnesota students.
WHY IS THIS ON THE BALLOT?
Minnesota's Permanent School Fund was created nearly 170 years ago. While the fund has grown significantly over time, the way money is distributed from the fund has not kept pace with modern investment practices. The constitutional amendment would allow Minnesota to modernize the distribution formula so more earnings from the fund can support students today while continuing to preserve the fund for future generations.
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