Sponsors (2)
Modernizes wording in the 1890 education trust statute by replacing references to "interest" or "income" with "earnings" in three places.
Official title: Amend the Act of July 10, 1890, to modify certain provisions relating to the disposal of public land in the State of Wyoming for educational purposes.
Introduced July 14, 2025 by Cynthia M. Lummis · Last progress July 14, 2025
Replaces three instances of the phrases “interest of” or “income thereof” with wording referencing “earnings” in the Act of July 10, 1890. The change updates statutory language in three specified provisions to use the term “earnings” or “earnings on which.” The amendment is purely textual: it modifies terminology in an existing statute governing funds for educational purposes. It does not itself authorize new spending, change beneficiaries, or set new programs; it clarifies the statutory wording that may guide how fund returns are described or calculated in law.