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119th Congress
Independent · Nonpartisan · Reader-supported
SENATES. 2273· 119th Congress

Wyoming Schools Get More Flexible Fund Access

Wyoming Education Trust Modernization Act

Sponsor
Cynthia Lummis (R-WY)
Introduced
Jul 14, 2025
Last Action
Jul 23, 2026
Passage
62%
Introduced
Jul 14, 2025
Committee
Jul 23, 2026
3
Floor Vote
4
Both Chambers
5
Enacted
01 — The Text

What.

  • Allows Wyoming to spend investment earnings from its permanent school fund, not just interest payments.
  • Fund was created when Wyoming became a state using federal land grants.
  • Money comes from selling or exchanging school trust lands and supports public schools.
02 — The Stakes

So what?

  • Wyoming schools gain access to more revenue without waiting for interest-only distributions.
  • State gets flexibility to invest principal more aggressively and spend broader returns.
  • No federal budget impact; affects only Wyoming's use of its own trust assets.
03 — The Path

Now what?

  • Bill passed Senate committee (July 2026) and sits on Senate calendar awaiting full floor vote.
  • Next step: Senate debate and vote, then House consideration if approved.
  • Track progress at Congress.gov or contact your senator to express your position.
Legislative History

Actions.

  • Jul 23, 2026Placed on Senate Legislative Calendar under General Orders. Calendar No. 483.
  • Jul 23, 2026Committee on Energy and Natural Resources. Reported by Senator Lee without amendment. Without written report.
  • Jul 23, 2026Committee on Energy and Natural Resources. Reported by Senator Lee without amendment. Without written report.
  • Dec 17, 2025Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
  • Dec 2, 2025Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
  • Jul 14, 2025Read twice and referred to the Committee on Energy and Natural Resources.
  • Jul 14, 2025Introduced in Senate