The proposal would amend SREF section 1.4 to create a new paragraph (4) to require that boards deposit proceeds of the sale of land or other real property in a depository account established pursuant to SREF section 2.1(4)(a)-(h) and credit the proceeds to the fund source used for the original acquisition. The proposal would also require that, if the fund source for the original acquisition cannot be determined, the proceeds from the sale shall be credited to the fund source for proceeds from the sale of real property pursuant to SREF section 2.1(4)(h) and shall be expended only on capital outlay projects. The proposal would require the same if the acquisition was by private grant or donation, unless otherwise prescribed in writing by the grantor or donor. Finally, the proposal would provide that the new paragraph does not apply to the granting of easements, rights-of-way or leases of board property for no consideration.