Wyoming Education Trust Modernization Act

The Wyoming Education Trust Modernization Act seeks to update the statutory language governing the financial proceeds from public lands in Wyoming that are designated for educational purposes. This legislation specifically amends the Act of July 10, 1890, which established the original provisions for the disposal and management of these lands.

The bill's core change involves replacing outdated financial terminology within sections 5, 7, and 8 of the 1890 Act. Phrases like "interest of" and "income thereof" are updated to the more contemporary and inclusive term, "earnings on." This modification aims to modernize the financial administration and reporting of funds derived from these crucial educational land trusts in Wyoming.