Concerning the expenditure of money from the Hesperus account by the board of trustees of Fort Lewis college.
Current law requires the general assembly to make an appropriation from the 'Hesperus account' (account), which comprises the proceeds of or income from the property formerly known as the 'Fort Lewis school', to the board of trustees for Fort Lewis college prior to spending. The bill eliminates the requirement that spending from the account is subject to an appropriation by the general assembly.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)