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Wyoming Education Trust Update: Modernizing Public Land Revenue Definitions.

This bill updates outdated language governing educational trust funds in Wyoming derived from the disposal of public lands. It replaces terms like "interest of" and "income thereof" with the broader term "earnings on." This change aims to modernize the legal framework and potentially offer greater clarity and flexibility in managing funds dedicated to Wyoming's education system.
Key points
The definition of money allocated for Wyoming education, derived from public lands, is changed from "interest" or "income" to the broader term "earnings."
The goal is to modernize the management of educational trust funds, potentially impacting the stability of school funding in Wyoming.
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Status: Introduced
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Additional Information
Print number: 119_HR_4328
Sponsor: Rep. Hageman, Harriet M. [R-WY-At Large]
Process start date: 2025-07-10