This joint resolution requests that Congress introduce legislation to amend Wyoming's Act of Admission, specifically to allow for the expenditure of earnings from the common school fund for the support of public schools and to enhance the authority for leasing state school lands. The resolution highlights the growth of the common school account, which has exceeded four billion dollars, and emphasizes the need for broader leasing authority to secure better long-term financial returns.

The proposed amendments include replacing references to "interest" and "income" with "earnings" in sections 5, 7, and 8 of the Act of Admission. Additionally, the bill seeks to modify the leasing provisions to allow for leases under state law without the previous ten-year limit on agricultural and grazing leases. These changes aim to better reflect the current investment realities of the common school account and to ensure that the generated earnings can be more effectively utilized for the benefit of Wyoming's public schools.