S. 2273 · Where this bill is now
In the House
Passed the Senate Sep 30, 2026. Received Oct 5, 2026; no House vote yet
What this bill does
In plain words · AI-written from the official summaryModernizes Wyoming's school fund investment rules
Wyoming has a school fund created by Congress when the state was founded, built from the sale of federal lands. Right now, the state can only spend interest from the fund's investments. This bill would allow Wyoming to also spend earnings from those investments, giving the state more flexibility in how it uses the money to support public schools.
How it affects you
If you live in Wyoming, this mainly affects how your state funds public schools. By allowing the state to use both interest and earnings from the school fund, Wyoming could potentially have more money available for schools, though the summary doesn't specify exactly how schools or students would benefit.
Read the official summary (Introduced in Senate, Jul 14, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 2273
AN ACT
Wyoming Education Trust Modernization Act
Sponsor: Sen. Cynthia M. Lummis (R-WY) · Introduced Jul 14, 2025 · Public Lands and Natural Resources · 3 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Oct 5, 2026: “Held at the desk.”
Sections
The wording of this bill hasn’t changed across its 3 official versions.