A proposed constitutional amendment to allow money from oil and gas mining on state-owned lands to continue to be collected in
state funds for land protection and creation and maintenance of parks, nature areas, ,and public recreation facilities; and to describe
how money in those state funds can be spent
This proposed constitutional amendment would:
- Allow the State Parks Endowment Fund to continue receiving money from sales of oil and gas from state-owned lands to improve, maintain
and purchase land for State parks, and for Fund administration, until its balance reaches $800,000,000.
- Require subsequent oil and gas revenue from state-owned lands to go into the Natural Resources Trust Fund.
- Require at least 20% of Endowment Fund annual spending go toward State park improvement.
- Require at least 25% of Trust Fund annual spending go toward parks and public recreation areas and at least 25% toward land conservation