Common school account-investments and distributions.
This constitutional amendment (HJ 6) clarifies how Wyoming's permanent common school fund - funded by land sale/lease proceeds - manages investment earnings. It requires all earnings (including investment gains, not just interest) to be deposited into a separate earnings fund, and mandates that the legislature must cover any investment losses to restore the fund's value. Unspent earnings must remain in this separate fund or be added to the permanent school fund, rather than being distributed annually. The bill directly affects Wyoming's public school funding system, ensuring all earnings exclusively support public schools as required by the state constitution.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2022
Committee Review
Mar 2022
House Passage
Feb 2022
Senate Passage
Governor
Introduced Feb 16, 2022
Last action Mar 9, 2022
Floor votes · House Feb 24, 2022
How they voted
44–13
Passed · 1 other
Total votes 58
Feb 24, 2022
D
Democratic7
100% Yea
I
Independent1
100% Yea
N
Libertarian1
100% Yea
R
Republican49
71% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
4
Committee
2
Mar 4, 2022
Upper · Passed
S02 - Appropriations:Recommend Amend and Do Pass 4-1-0-0-0
upper
Feb 25, 2022
Introduced
S Introduced and Referred to S02 - Appropriations
upper
Feb 24, 2022
Lower · Passed
H 3rd Reading:Passed 45-14-1-0-0
lower
Feb 19, 2022
Lower · Passed
H COW:Passed
lower
Feb 17, 2022
Lower · Passed
H02 - Appropriations:Recommend Do Pass 7-0-0-0-0
lower
Feb 16, 2022
Introduced
H Introduced and Referred to H02 - Appropriations 54-5-1-0-0
lower
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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