This joint resolution requests that Congress introduce and enact legislation to amend Wyoming's Act of Admission, specifically to allow for the expenditure of earnings from the common school account for the support of public schools in the state. The resolution highlights the historical context of the Act of Admission, which granted Wyoming land for educational purposes and established a permanent school fund. It notes that the common school account has grown significantly, exceeding four billion dollars, and that the current language in the Act, which refers only to "interest" and "income," does not accurately reflect the earnings generated from investments in the fund.

The proposed amendments would replace references to "interest" with "earnings" in sections 5 and 7 of the Act, and similarly replace "income" with "earnings" in section 8. This change aims to better align the legal language with the actual financial performance of the common school account, thereby allowing for more efficient use of the funds to benefit Wyoming's public schools. The resolution also calls for the Secretary of State of Wyoming to transmit copies of this resolution to key federal and state officials to facilitate the proposed changes.