land trust; distributions; common schools

HCR 2031 proposes amending Arizona's constitution to establish permanent funds from land trust earnings, specifically directing distributions to public schools for teacher wage increases. It sets varying annual distribution rates (2.5% to 6.9% of fund value) until 2025, after which funds must be allocated to public schools based on weighted student counts. The bill mandates that schools use these funds *only* to increase all eligible teachers' wages by the same percentage, without replacing existing funding, and requires public posting of the increase percentage. It also includes safeguards to protect fund capital during market downturns by allowing temporary distribution reductions.