Constitutional Amendment No 5: How will it affect TRSL?

October 5, 2016

Constitutional Amendment No. 5 is among six proposed changes to the state constitution that will appear on the ballot in the primary election set for November 8.

If passed by voters, the amendment would establish the Revenue Stabilization Trust Fund and provide for the allocation of mineral revenues, a portion of which would be dedicated to pay down the balance of the unfunded accrued liability (UAL) after certain thresholds are reached.

The TRSL Board of Trustees supported the legislation to pay down the UAL.