The proposed amendment to the Wyoming Constitution aims to clarify the treatment of all investment earnings from the common school account within the permanent land fund. It specifies that these earnings, along with the previously designated interest and income, are available for appropriation and must be utilized exclusively for the benefit of public schools. The amendment seeks to replace the term "income" with "earnings" in several sections of Article 7 and Article 18, ensuring that all forms of investment returns are included in the funding for public education.
Additionally, the amendment mandates that any portion of the earnings from the perpetual school fund that remains unspent at the end of the year must be added back to the fund, thereby reinforcing the commitment to maintaining and growing the resources available for public schools. This change is intended to enhance the financial support for education in Wyoming by broadening the scope of what constitutes available funding, ensuring that all investment returns contribute to the state's educational system.