This legislation, known as the Wyoming Education Trust Modernization Act, proposes to amend the Act of July 10, 1890, which governs the disposal of public land in Wyoming for educational purposes. The primary objective is to update the language regarding the financial benefits derived from these lands. Specifically, the bill modifies sections 5, 7, and 8 of the 1890 Act. It consistently replaces phrases like "interest of" and "income thereof" with the broader term "earnings on" . This change aims to modernize the provisions, potentially allowing a wider range of financial returns from the public land disposals to be utilized for educational funding in Wyoming.