SF 85 Wyoming House · 2023 Regular Session

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
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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
Photo of Larry Hicks
Larry Hicks
RRepublican
WY
11