S. 2273 · Passed Senate · Public Lands and Natural Resources

Wyoming Education Trust Modernization Act

Sponsor: Cynthia M. Lummis (R-WY)

What it does

• Allows Wyoming to invest earnings generated from its permanent school fund's principal, not just interest income.
• Grants Wyoming flexibility in managing federal trust lands granted to the state at statehood for public school support.

Official 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.

Latest action

Oct 5, 2026: Held at the desk.

Committee: Senate Energy and Natural Resources