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S. 2273119th CongressPlaced on the calendarLatest action Jul 23, 2026Decoded by AI · checked against the record
Official title: Wyoming Education Trust Modernization Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Wyoming's school trust fund law is updated to allow all types of investment earnings — not just interest — to fund public schools.
35-second read · 4 questions answered below
This bill updates a word in Wyoming's original 1890 statehood law. It replaces "interest of" with "earnings on" when describing how money from public land trust funds can be used for schools. This means all types of investment returns, such as dividends and capital gains, are now clearly covered, not only traditional interest payments.
Wyoming public school students are most directly affected. State agencies that manage school trust lands and funds are also affected.
The old wording came from 1890, before modern investment tools existed. Updating the language makes the law match how trust funds actually generate income today.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the Senate floor calendar, and the official record shows no floor action on it since. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Placed on Senate Legislative Calendar under General Orders. Calendar No. 483.