Wyoming Education Trust Modernization Act

Key Points

• This bill updates a law from 1890 that controls how Wyoming uses money earned from state-owned public lands. These lands were originally given to the state to help pay for public schools and colleges.
• The change updates the language of the law to say 'earnings' instead of just 'interest.' This allows the state more flexibility in how it invests and spends the money generated from these lands to support education.
• By modernizing these rules, Wyoming can better manage its permanent land funds. This helps ensure that the money keeps growing and provides a steady source of funding for students and teachers across the state.
• This action is a technical update to Wyoming's statehood act. It does not change who owns the land, but it changes the accounting rules for the money that land produces to match modern financial standards.

Impact Analysis

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