Wyoming seeks to amend its Act of Admission to change references to "interest" and "income" to "earnings" for the common school account.

Wyoming's legislature passed a resolution requesting Congress to amend the state's Act of Admission. The resolution seeks to replace references to "interest" and "income" with "earnings" in sections 5, 7, and 8 of the Act of Admission. This change aims to better reflect the reality of how the common school account is invested and to allow the earnings generated from the investment of the permanent funds of the common school account to be more efficiently applied for the benefit of Wyoming's public schools.

Wyoming seeks to amend its Act of Admission to change references to "interest" and "income" to "earnings" for the common school account.

Wyoming's legislature passed a resolution requesting Congress to amend the state's Act of Admission. The resolution seeks to replace references to "interest" and "income" with "earnings" in sections 5, 7, and 8 of the Act of Admission. This change aims to better reflect the reality of how the common school account is invested and to allow the earnings generated from the investment of the permanent funds of the common school account to be more efficiently applied for the benefit of Wyoming's public schools.