1 | | - | ORIGINAL HOUSE ENGROSSED |
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2 | | - | JOINT RESOLUTION. HJ0001 |
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3 | | - | ENROLLED JOINT RESOLUTION NO. 1, |
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4 | | - | REPRESENTATIVES |
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5 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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6 | | - | 2025 GENERAL SESSION |
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| 1 | + | 2025 |
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| 2 | + | STATE OF WYOMING |
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| 3 | + | 25LSO-01271 |
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| 4 | + | HJ0001 |
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| 5 | + | HOUSE JOINT RESOLUTION NO. HJ0001 |
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| 6 | + | Amending Wyoming's act of admission for earnings. |
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| 7 | + | Sponsored by: Select Committee on Capital Financing & |
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| 8 | + | Investments |
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| 9 | + | A JOINT RESOLUTION |
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| 10 | + | for |
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| 11 | + | 1 A JOINT RESOLUTION requesting Congress to introduce a bill |
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| 12 | + | 2 and enact law to amend Wyoming's act of admission to authorize |
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| 13 | + | 3 the expenditure of earnings for the support of the common |
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| 14 | + | 4 schools in Wyoming. |
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| 15 | + | 5 |
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| 16 | + | 6 WHEREAS, on July 10, 1890, the United States Congress enacted |
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| 17 | + | 7 the Act of Admission that admitted Wyoming as a state in the |
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| 18 | + | 8 United States of America; and |
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| 19 | + | 9 |
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| 20 | + | 10 WHEREAS, the Act of Admission granted the state of Wyoming |
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| 21 | + | 11 two (2) sections of land in every township for the support of |
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| 22 | + | 12 common schools; and |
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| 23 | + | 13 |
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| 24 | + | 14 WHEREAS, the Act of Admission specified that any proceeds |
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| 25 | + | 15 from the disposition of granted school lands were to 2025STATE OF WYOMING25LSO-01272 |
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| 26 | + | HJ0001 |
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| 27 | + | 1 constitute a permanent school fund, "the interest of which |
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| 28 | + | 2 only shall be expended in the support of said schools"; and |
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| 29 | + | 3 |
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| 30 | + | 4 WHEREAS, the Act of Admission specified that a percentage of |
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| 31 | + | 5 the proceeds of the sales of federal public lands in Wyoming |
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| 32 | + | 6 were to constitute a permanent fund, "the interest of which |
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| 33 | + | 7 only shall be expended for the support of the common schools" |
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| 34 | + | 8 in Wyoming; and |
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| 35 | + | 9 |
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| 36 | + | 10 WHEREAS, the Act of Admission specified that certain |
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| 37 | + | 11 previously granted lands constituted a permanent fund, with |
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| 38 | + | 12 the interest and income to be used for university purposes; |
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| 39 | + | 13 and |
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| 40 | + | 14 |
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| 41 | + | 15 WHEREAS, the state created the common school account within |
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| 42 | + | 16 the permanent land fund in accordance with the requirements |
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| 43 | + | 17 of the Act of Admission and Article 7, Section 2 of the |
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| 44 | + | 18 Wyoming Constitution; and |
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| 45 | + | 19 |
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| 46 | + | 20 WHEREAS, the common school account within the permanent land |
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| 47 | + | 21 fund has grown over the years and has been invested to where |
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| 48 | + | 22 the current value of the fund exceeds four billion dollars |
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| 49 | + | 23 ($4,000,000,000.00); and 2025STATE OF WYOMING25LSO-01273 |
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| 50 | + | HJ0001 |
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8 | | - | A JOINT RESOLUTION requesting Congress to introduce a bill |
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9 | | - | and enact law to amend Wyoming's act of admission to authorize |
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10 | | - | the expenditure of earnings for the support of the common |
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11 | | - | schools in Wyoming. |
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12 | | - | WHEREAS, on July 10, 1890, the United States Congress enacted |
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13 | | - | the Act of Admission that admitted Wyoming as a state in the |
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14 | | - | United States of America; and |
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15 | | - | WHEREAS, the Act of Admission granted the state of Wyoming |
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16 | | - | two (2) sections of land in every township for the support of |
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17 | | - | common schools; and |
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18 | | - | WHEREAS, the Act of Admission specified that any proceeds |
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19 | | - | from the disposition of granted school lands were to |
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20 | | - | constitute a permanent school fund, "the interest of which |
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21 | | - | only shall be expended in the support of said schools"; and |
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22 | | - | WHEREAS, the Act of Admission specified that a percentage of |
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23 | | - | the proceeds of the sales of federal public lands in Wyoming |
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24 | | - | were to constitute a permanent fund, "the interest of which |
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25 | | - | only shall be expended for the support of the common schools" |
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26 | | - | in Wyoming; and |
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27 | | - | WHEREAS, the Act of Admission specified that certain |
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28 | | - | previously granted lands constituted a permanent fund, with |
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29 | | - | the interest and income to be used for university purposes; |
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30 | | - | and |
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31 | | - | WHEREAS, the state created the common school account within |
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32 | | - | the permanent land fund in accordance with the requirements |
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33 | | - | of the Act of Admission and Article 7, Section 2 of the |
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34 | | - | Wyoming Constitution; and ORIGINAL HOUSE ENGROSSED |
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35 | | - | JOINT RESOLUTION. HJ0001 |
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36 | | - | ENROLLED JOINT RESOLUTION NO. 1, |
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37 | | - | REPRESENTATIVES |
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38 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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39 | | - | 2025 GENERAL SESSION |
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| 52 | + | 2 WHEREAS, the investment of the funds in the common school |
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| 53 | + | 3 account generates earnings and capital gains that are in |
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| 54 | + | 4 addition to interest and income generated from the funds; and |
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| 55 | + | 5 |
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| 56 | + | 6 WHEREAS, an amendment to Wyoming's Act of Admission that would |
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| 57 | + | 7 replace references to "interest" and "income" with references |
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| 58 | + | 8 to "earnings" will better reflect the reality of how the |
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| 59 | + | 9 common school account is invested and will allow the earnings |
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| 60 | + | 10 that are generated from the investment of the permanent funds |
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| 61 | + | 11 of the common school account to be better and more efficiently |
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| 62 | + | 12 applied for the benefit of Wyoming's public schools. |
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| 63 | + | 13 |
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| 64 | + | 14 |
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| 65 | + | 15 |
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| 66 | + | 16 |
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| 67 | + | 17 That the Wyoming Legislature requests that |
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| 68 | + | 18 members of Wyoming's congressional delegation introduce, and |
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| 69 | + | 19 that Congress enact, legislation that will amend Wyoming's |
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| 70 | + | 20 Act of Admission to strike references to "interest" in |
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| 71 | + | 21 sections 5 and 7 of the Act of Admission and to insert |
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| 72 | + | 22 references to "earnings" and to strike the reference to |
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| 73 | + | 23 "income" in section 8 and insert a reference to "earnings." 2025STATE OF WYOMING25LSO-01274 |
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| 74 | + | HJ0001 |
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| 75 | + | 1 |
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| 76 | + | 2That members of Wyoming's congressional |
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| 77 | + | 3 delegation and Congress consider introducing legislation that |
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| 78 | + | 4 makes the following changes to sections 5, 7 and 8 of the Act |
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| 79 | + | 5 of Admission as follows: |
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| 80 | + | 6 |
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| 81 | + | 7 |
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| 82 | + | 8 |
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| 83 | + | 9 All lands herein granted for educational purposes |
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| 84 | + | 10 shall be disposed of only at public sale, the |
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| 85 | + | 11 proceeds to constitute a permanent school fund, the |
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| 86 | + | 12 of which only shall be expended |
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| 87 | + | 13 in the support of said schools. But said lands may, |
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| 88 | + | 14 under such regulations as the legislature shall |
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| 89 | + | 15 prescribe, be leased for mineral, grazing, |
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| 90 | + | 16 agricultural, or other purposes, provided that the |
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| 91 | + | 17 term of agricultural and grazing leases shall not |
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| 92 | + | 18 exceed 10 years; and such land shall not be subject |
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| 93 | + | 19 to preemption, homestead entry, or any other entry |
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| 94 | + | 20 under the land laws of the United States, whether |
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| 95 | + | 21 surveyed or unsurveyed, but shall be reserved for |
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| 96 | + | 22 school purposes only. |
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| 97 | + | 23 2025STATE OF WYOMING25LSO-01275 |
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| 98 | + | HJ0001 |
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| 99 | + | 1 |
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41 | | - | WHEREAS, the common school account within the permanent land |
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42 | | - | fund has grown over the years and has been invested to where |
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43 | | - | the current value of the fund exceeds five billion six hundred |
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44 | | - | million dollars ($5,600,000,000.00); and |
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45 | | - | WHEREAS, the investment of the funds in the common school |
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46 | | - | account generates earnings and capital gains that are in |
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47 | | - | addition to interest and income generated from the funds; and |
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48 | | - | WHEREAS, an amendment to Wyoming's Act of Admission that would |
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49 | | - | replace references to "interest" and "income" with references |
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50 | | - | to "earnings" will better reflect the reality of how the |
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51 | | - | common school account is invested and will allow the earnings |
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52 | | - | that are generated from the investment of the permanent funds |
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53 | | - | of the common school account to be better and more efficiently |
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54 | | - | applied for the benefit of Wyoming's public schools. |
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55 | | - | NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE |
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56 | | - | LEGISLATURE OF THE STATE OF WYOMING: |
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57 | | - | Section 1. That the Wyoming Legislature requests that |
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58 | | - | members of Wyoming's congressional delegation introduce, and |
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59 | | - | that Congress enact, legislation that will amend Wyoming's |
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60 | | - | Act of Admission to strike references to "interest" in |
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61 | | - | sections 5 and 7 of the Act of Admission and to insert |
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62 | | - | references to "earnings" and to strike the reference to |
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63 | | - | "income" in section 8 and insert a reference to "earnings." |
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64 | | - | Section 2. That members of Wyoming's congressional |
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65 | | - | delegation and Congress consider introducing legislation that |
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66 | | - | makes the following changes to sections 5, 7 and 8 of the Act |
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67 | | - | of Admission as follows: |
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68 | | - | Section 5. ORIGINAL HOUSE ENGROSSED |
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69 | | - | JOINT RESOLUTION. HJ0001 |
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70 | | - | ENROLLED JOINT RESOLUTION NO. 1, |
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71 | | - | REPRESENTATIVES |
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72 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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73 | | - | 2025 GENERAL SESSION |
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74 | | - | 3 |
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75 | | - | All lands herein granted for educational purposes |
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76 | | - | shall be disposed of only at public sale, the |
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77 | | - | proceeds to constitute a permanent school fund, the |
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78 | | - | interest of which only shall be expended |
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79 | | - | in the support of said schools. But said lands may, |
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80 | | - | under such regulations as the legislature shall |
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81 | | - | prescribe, be leased for mineral, grazing, |
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82 | | - | agricultural, or other purposes, provided that the |
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83 | | - | term of agricultural and grazing leases shall not |
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84 | | - | exceed 10 years; and such land shall not be subject |
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85 | | - | to preemption, homestead entry, or any other entry |
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86 | | - | under the land laws of the United States, whether |
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87 | | - | surveyed or unsurveyed, but shall be reserved for |
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88 | | - | school purposes only. |
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89 | | - | Section 7. |
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90 | | - | Five per cent of the proceeds of the sales of public |
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91 | | - | lands lying within said state which shall be sold |
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92 | | - | by the United States subsequent to the admission of |
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93 | | - | said state into the union, after deducting all the |
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94 | | - | expenses incident to the same, shall be paid to the |
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95 | | - | said state, to be used as a permanent fund, the |
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96 | | - | interest of which only shall be expended |
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97 | | - | for the support of the common schools within said |
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98 | | - | state. |
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99 | | - | Section 8. |
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100 | | - | The lands granted to the Territory of Wyoming by |
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101 | | - | the act of February 18, 1881, entitled "An act to |
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102 | | - | grant lands to Dakota, Montana, Arizona, Idaho and |
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103 | | - | Wyoming, for university purposes," are hereby ORIGINAL HOUSE ENGROSSED |
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104 | | - | JOINT RESOLUTION. HJ0001 |
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105 | | - | ENROLLED JOINT RESOLUTION NO. 1, |
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106 | | - | REPRESENTATIVES |
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107 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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108 | | - | 2025 GENERAL SESSION |
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109 | | - | 4vested in the State of Wyoming, to the extent of |
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110 | | - | the full quantity of 72 sections to said state, and |
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111 | | - | any portion of said lands that may not have been |
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112 | | - | selected by said Territory of Wyoming may be |
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113 | | - | selected by the said state; but said act of February |
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114 | | - | 18, 1881, shall be so amended as to provide that |
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115 | | - | none of said lands shall be sold for less than $10 |
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116 | | - | per acre, and the proceeds shall constitute a |
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117 | | - | permanent fund to be safely invested and held by |
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118 | | - | said state, and the |
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119 | | - | exclusively for university purposes. The schools, |
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120 | | - | colleges, and universities provided for in this act |
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121 | | - | shall forever remain under exclusive control of |
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122 | | - | said state, and no part of the proceeds arising |
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123 | | - | from the sale or disposal of any lands herein |
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124 | | - | granted for educational purposes shall be used for |
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125 | | - | the support of any sectarian or denominational |
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126 | | - | school, college, or university. The section of land |
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127 | | - | granted by the act of May 28, 1888, to the Territory |
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128 | | - | of Wyoming for a fish hatchery and other public |
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129 | | - | purposes shall, upon the admission of said State of |
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130 | | - | Wyoming into the union, become the property of said |
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131 | | - | state. ORIGINAL HOUSE ENGROSSED |
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132 | | - | JOINT RESOLUTION. HJ0001 |
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133 | | - | ENROLLED JOINT RESOLUTION NO. 1, |
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134 | | - | REPRESENTATIVES |
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135 | | - | SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING |
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136 | | - | 2025 GENERAL SESSION |
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137 | | - | 5 |
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138 | | - | Section 3. That the Secretary of State of Wyoming |
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139 | | - | transmit copies of this resolution to the President of the |
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140 | | - | United States, to the President of the Senate and the Speaker |
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141 | | - | of the House of Representatives of the United States Congress, |
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142 | | - | the governor, the state treasurer and to each member of the |
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143 | | - | Wyoming Congressional Delegation. |
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144 | | - | (END) |
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145 | | - | Speaker of the HousePresident of the SenateGovernorTIME APPROVED: _________DATE APPROVED: _________ |
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146 | | - | I hereby certify that this act originated in the House. |
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147 | | - | Chief Clerk |
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| 101 | + | 3 Five per cent of the proceeds of the sales of public |
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| 102 | + | 4 lands lying within said state which shall be sold |
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| 103 | + | 5 by the United States subsequent to the admission of |
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| 104 | + | 6 said state into the union, after deducting all the |
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| 105 | + | 7 expenses incident to the same, shall be paid to the |
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| 106 | + | 8 said state, to be used as a permanent fund, the |
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| 107 | + | 9 of which only shall be expended |
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| 108 | + | 10 for the support of the common schools within said |
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| 109 | + | 11 state. |
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| 110 | + | 12 |
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| 111 | + | 13 |
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| 112 | + | 14 |
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| 113 | + | 15 The lands granted to the Territory of Wyoming by |
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| 114 | + | 16 the act of February 18, 1881, entitled "An act to |
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| 115 | + | 17 grant lands to Dakota, Montana, Arizona, Idaho and |
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| 116 | + | 18 Wyoming, for university purposes," are hereby |
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| 117 | + | 19 vested in the State of Wyoming, to the extent of |
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| 118 | + | 20 the full quantity of 72 sections to said state, and |
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| 119 | + | 21 any portion of said lands that may not have been |
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| 120 | + | 22 selected by said Territory of Wyoming may be |
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| 121 | + | 23 selected by the said state; but said act of February 2025STATE OF WYOMING25LSO-01276 |
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| 122 | + | HJ0001 |
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| 123 | + | 1 18, 1881, shall be so amended as to provide that |
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| 124 | + | 2 none of said lands shall be sold for less than $10 |
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| 125 | + | 3 per acre, and the proceeds shall constitute a |
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| 126 | + | 4 permanent fund to be safely invested and held by |
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| 127 | + | 5 said state, and the thereof be used |
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| 128 | + | 6 exclusively for university purposes. The schools, |
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| 129 | + | 7 colleges, and universities provided for in this act |
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| 130 | + | 8 shall forever remain under exclusive control of |
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| 131 | + | 9 said state, and no part of the proceeds arising |
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| 132 | + | 10 from the sale or disposal of any lands herein |
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| 133 | + | 11 granted for educational purposes shall be used for |
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| 134 | + | 12 the support of any sectarian or denominational |
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| 135 | + | 13 school, college, or university. The section of land |
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| 136 | + | 14 granted by the act of May 28, 1888, to the Territory |
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| 137 | + | 15 of Wyoming for a fish hatchery and other public |
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| 138 | + | 16 purposes shall, upon the admission of said State of |
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| 139 | + | 17 Wyoming into the union, become the property of said |
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| 140 | + | 18 state. 2025STATE OF WYOMING25LSO-01277 |
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| 141 | + | HJ0001 |
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| 142 | + | 1 |
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| 143 | + | 2That the Secretary of State of Wyoming |
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| 144 | + | 3 transmit copies of this resolution to the President of the |
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| 145 | + | 4 United States, to the President of the Senate and the Speaker |
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| 146 | + | 5 of the House of Representatives of the United States Congress, |
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| 147 | + | 6 the governor, the state treasurer and to each member of the |
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| 148 | + | 7 Wyoming Congressional Delegation. |
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| 149 | + | 8 |
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| 150 | + | 9 (END) |
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