The proposed joint resolution seeks to amend the Wyoming Constitution to modernize the language regarding 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 annually. This change aims to ensure that the financial benefits derived from the fund's investments are more comprehensively accounted for in state finances.

Additionally, the amendment addresses the existing provisions related to the mineral excise tax, which is set at one and one-half percent on the value of extracted minerals such as coal, petroleum, and natural gas. The resolution emphasizes that the proceeds from this tax will continue to support the Permanent Wyoming Mineral Trust Fund, while also allowing the Legislature to establish conditions under which the fund's monies may be loaned to political subdivisions of the state. Overall, the amendment aims to enhance the financial management of the trust fund for the benefit of current and future generations in Wyoming.