Wyoming Education Trust Modernization Act

This bill updates old language in the 1890 law that governs how Wyoming’s public school lands are managed for education. It swaps out terms like “interest” and “income” for “earnings,” which can cover more types of money made from these lands. In plain terms, it makes sure the funds for schools can include all kinds of returns, not just interest from investments.

Key points:

• Who is affected: Wyoming’s public school trust and the students and communities it serves.
• What changes: The law’s wording changes “interest of” and “income thereof” to “earnings on,” in several sections of the original 1890 Act.
• Why it matters: “Earnings” can include more than just interest, which may help schools benefit from different ways the trust’s funds grow.