Wyoming Education Trust Modernization Act

This proposal updates an old federal law about how money from certain public lands in Wyoming is handled for education. It changes the wording so that the law talks about “earnings” from these funds, not just “interest.” In several places, it replaces “interest of” and “income thereof” with “earnings on,” which signals a shift to looking at overall earnings from the funds tied to school lands and education uses in Wyoming .

In plain terms, it modernizes the language so the money set aside for education from these lands is measured by total earnings, not only interest, under the original 1890 law .

• Who is affected: Wyoming education funds connected to public land revenues; state and local education beneficiaries who rely on those funds .
• What changes: References to “interest” and “income” are replaced with “earnings on” in the relevant sections of the old law .
• When: Would take effect if and when it becomes law .