This joint resolution proposes an amendment to the Wyoming Constitution aimed at modernizing the language related to the investments of the Permanent Wyoming Mineral Trust Fund. Specifically, it clarifies that all investment earnings, rather than just income, from the fund shall be deposited into the general fund on an annual basis. The amendment seeks to ensure that the proceeds from an excise tax on the severing or extracting of minerals, which includes coal, petroleum, natural gas, and oil shale, are properly allocated and that the fund remains protected for the benefit of future generations.

Additionally, the amendment modifies Article 15, Section 19 of the Wyoming Constitution by replacing the term "income" with "earnings" to encompass a broader range of financial returns from the fund's investments. This change is intended to provide clearer guidelines for the management of the fund and its contributions to the state's general fund, thereby enhancing fiscal responsibility and transparency in the use of public resources. The proposed amendment will be submitted to the electors of Wyoming for approval or rejection in the next general election.