119th Congress Public Lands and Natural Resources
H.R. 4328: Wyoming Education Trust Modernization Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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 the Congressional Research Service, Library of Congress.
Roll calls
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Amendments
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History
- Introduced in the House by Harriet Hageman.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Natural Resources.