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Wyoming2018Did Not Pass

SF0049

Removing the Cap on School Land Revenue Transfers

Last scannedOct 19, 2026, 2:19 AM

In one sentence

This bill would remove the yearly limit on how much money from school land mineral royalties can be moved to the public school capital construction account.

What it does

  • Removes the rule that limits the transfer to $8,000,000 per year.
  • Requires 33 1/3% of mineral royalties from school land leases to go to the public school capital construction account.
  • Keeps the requirement for the state treasurer to transfer inflation-based amounts to other permanent land fund accounts.
  • Sets an effective date of July 1, 2018, if the bill passes.

Who it affects

  • The state treasurer, who manages the permanent land fund accounts.
  • The public school capital construction account, which receives the transferred funds.

Limits and unknowns

  • The bill did not pass in the 2018 session, so these changes did not take effect.
  • The source text does not explain how the removal of the cap would change total funding for schools.

Plain language

Terms to know

Mineral royalties
Money paid to the state for the right to extract minerals from land.
Permanent land fund
A group of state accounts that hold money from land sales and resources.
Public school capital construction account
A state account used to fund the building of schools.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Sep 12, 10:57 AM

Voted Yes

Why they voted this way

The lawmaker explains that the bill eliminates a maximum transfer limit to school capital construction from mineral royalties on leased state lands, framing it as an option discussed by the Revenue Committee.

Public statementFloor statement at 1:41:06 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

3 roll calls

Official activity

Bill history

  1. S Did Not Consider in CoWSenate
  2. S COWSenate
  3. S Placed on General FileSenate
  4. S02 - Appropriations:Recommend Do Pass 4-0-1-0-0Senate
  5. S03 - Revenue:Rerefer to S02 - AppropriationsSenate
  6. S03 - Revenue:Recommend Do Pass 5-0-0-0-0Senate
  7. S Introduced and Referred to S03 - Revenue 22-7-1-0-0Senate
  8. S Received for IntroductionSenate
  9. Bill Number AssignedLSO