State funds-streamlining transfers and distributions.
This bill (SF 85) restructures how Wyoming allocates school-related funds by eliminating the "school major maintenance subaccount" within the strategic investments account and modifying revenue distribution rules. It increases the percentage of certain mineral royalty revenues (from 44.8% to 47.5%) distributed to the public school foundation program, while adjusting how federal lease bonus payments are split - allocating 40% to public schools and 10% (up to $1.6M annually) to community colleges. These changes directly affect public schools, community colleges, and the state treasurer’s handling of funds from school lands, mineral royalties, and federal leases. The bill also clarifies transfer timing between accounts like the school capital construction fund and the public school foundation program.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2023
Last action Feb 8, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Feb 8, 2023
Committee
S:Died in Committee Returned Bill Pursuant to SR 5-4
upper
Jan 11, 2023
Introduced
S Introduced and Referred to S02 - Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Larry Hicks
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SF 85
Scope: WY
Hi! I can help you understand SF 85. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline