State lands mineral royalties-constitutional amendment.

2018
STATE OF WYOMING
18LSO-0085
Numbered
1.3

House

Joint Resolution
NO.

HJ0004

State lands mineral royalties-constitutional amendment.

Sponsored by:
Representative(s) Hallinan, Clem, Halverson, Henderson, Laursen, Miller, Pownall, Steinmetz, Sweeney and Winters and Senator(s) Von Flatern

A
JOINT RESOLUTION

for

A JOINT RESOLUTION proposing to amend the Wyoming Constitution to provide that all state mineral royalties earned from the lease of state school lands may be appropriated by the legislature for the support of the public schools for six years and providing a ballot statement.

BE
IT RESOLVED BY THE LEGISLATURE OF THE STATE OF WYOMING,
two-thirds of all the members of the two houses, voting separately, concurring therein:

Section 1.
The following proposal to amend Wyoming Constitution, Article
7,
Section
2
is proposed for
submission to the electors of the State of Wyoming at the next general election for approval or rejection to become valid as a part of the Constitution if ratified by a majority of the electors at the election:

Article 7, Section 2.

School revenues.

The following are declared to be perpetual funds for school purposes, of which the annual income only can be appropriated, to wit: Such per centum as has been or may hereafter be granted by congress on the sale of lands in this state; all moneys arising from the sale or lease of sections number sixteen and thirty-six in each township in the state, and the lands selected or that may be selected in lieu thereof; the proceeds of all lands that have been or may hereafter be granted to this state, where by the terms and conditions of the grant, the same are not to be otherwise appropriated; the net proceeds of lands and other property and effects that may come to the state by escheat or forfeiture, or from unclaimed dividends or distributive shares of the estates of deceased persons; all moneys, stocks, bonds, lands and other property now belonging to
the common school funds. Provided, that the rents for the ordinary use of said lands shall be applied to the support of public schools and, when authorized by general law,
not to exceed thirty-three and one-third (33 1/3) per centum
of oil, gas, coal, or other mineral royalties arising from the lease of any said school lands may be so applied
, except for the period from July 1, 2019 through June 30, 2025
, during which

time
up to one hundred (100) per centum of
mineral
royalties may be so applied
.

Section 2.
That the Secretary of State shall endorse the following statement on the proposed amendment:

This amendment provides that
from July 1, 2019 t
hrough
June 30, 2025

up to
one
hundred percent (100%) of

state
mineral royalties earned from
the
lease of state school lands may be
available for appropriation by the legislature

for the support of
the public schools.
Currently,
one-third (1
/3)
of the
mineral
royalties
are available for appropriation by the legislature
for the support of the public schools and the remaining two-thirds (2/3) of mineral royalties are permanent funds of the state.

(END)

1
HJ0004