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EnvironmentH.R. 4328Not Yet VotedComments

Wyoming Education Trust Modernization Act

Official title: To 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.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

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.

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Related Documents

Timeline

  1. Library of CongressIntroduced in House
  2. House floor actionsReferred to the House Committee on Natural Resources.
  3. Introduced
  4. Committee

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