OPENING THE RECORD
OPENING THE RECORD
S. 2273 · 119TH CONGRESS
This measure is not recorded as a law. Bills generally require both chambers to pass the same text and a constitutional route to enactment. Passing one chamber or winning a procedural vote is not enough.
CONGRESSIONAL RESEARCH SERVICE
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.
Official CRS summary for the edition shown. Later amendments may change the measure. Original formatting is presented here as plain text. Read at Congress.gov.