S 2273

Wyoming Education Trust Modernization Act

Summary

Wyoming Education Trust Modernization Act This bill provides Wyoming with more flexibility to invest the principal of its permanent school fund by allowing the state to use earnings generated from investment of the fund rather than only interest. By way of background, Congress created the fund when Wyoming became a state by granting certain federal lands to be held in a trust for the state. Proceeds from school trust land sales, exchanges, or disposals are deposited into the fund to support public schools.

Bill status

Status
Reported
Sponsor
Sen. Cynthia M. Lummis [R-WY]
Cosponsors
1
Policy area
Public Lands and Natural Resources
Introduced
2025-07-14
Latest action
2026-07-23: Placed on Senate Legislative Calendar under General Orders. Calendar No. 483.

Committee referrals

Recent actions

  • 2025-12-17: Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
  • 2025-12-02: Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
  • 2025-07-14: Read twice and referred to the Committee on Energy and Natural Resources.
  • 2025-07-14: Introduced in Senate