S2273Reported by Committee

Wyoming Education Trust Modernization Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-14
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Cynthia M. Lummis
Cynthia M. Lummis
Republican · WY · Senator
Votes with party: 75.8% (842 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$1,205k

Full profile: /officials/L000571

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on Senate Legislative Calendar under General Orders. Calendar No. 483.

2026-07-23

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Public Lands and Natural Resources

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2273 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2273 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. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 14, 2025 Ms. Lummis (for herself and Mr. Barrasso) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources _______________________________________________________________________ A BILL 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Wyoming Education Trust Modernization Act''. SEC. 2. DISPOSAL OF PUBLIC LAND IN THE STATE OF WYOMING FOR EDUCATIONAL PURPOSES. The Act of July 10, 1890 (26 Stat. 222, chapter 664), is amended-- (1) in section 5, in the first sentence, by striking ``interest of'' and inserting ``earnings on''; (2) in section 7, by striking ``interest of'' and inserting ``earnings on''; and (3) in section 8, in the first sentence, by striking ``income thereof'' and inserting ``earnings on which''. <all>
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