S. 2273, the Wyoming Education Trust Modernization Act, passed the Senate on September 30, 2026.
S. 2273 — Wyoming Education Trust Modernization Act
What it does
This bill amends a 135-year-old federal law governing Wyoming's educational land trusts by replacing the term 'interest of' with 'earnings on' in three sections. The change modernizes how Wyoming's public land endowments calculate and distribute revenue to schools, shifting from a narrower interest-based model to a broader earnings-based model that may include capital gains and other investment returns.
Quorum's transparency scan found no buried provisions in Wyoming Education Trust Modernization Act.
What happens next
S. 2273 passed the Senate. It now moves to the other chamber.
Who is behind it
Filed by Cynthia Lummis. Cosponsored by John Barrasso.
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