Wyoming's tomorrow scholarship program amendments.

HB 30 amends Wyoming's Tomorrow Scholarship Program by changing how funds are managed between the scholarship expenditure account and the endowment fund. It increases the threshold for transferring excess funds from 9% to 21% of the previous five-year average market value of the endowment fund, and adjusts the calculation method to gradually shift from a two-year to a five-year average over several fiscal years. The bill also directs specific transfers: $15 million to the expenditure account and $90 million to the endowment fund from the legislative stabilization reserve, effective July 1, 2023. These changes directly affect the scholarship program's funding structure and eligibility for institutions receiving scholarships under the program.