The bill, HB0137, seeks to amend various statutes in Wyoming to correct errors and update obsolete references, particularly concerning the public school foundation program account. Key provisions include the requirement that federal funds from the schools and libraries program be deposited into this account, as well as the distribution of excess revenues from sources like taxes on skill-based amusement games and capital construction projects. The bill also introduces new guidelines for managing and distributing funds from the account, including provisions for interfund loans to ensure timely payments and reimbursement for tuition for students attending schools outside their district.

Additionally, the bill allows the Department of Education to allocate up to $250,000 annually from the public school foundation program account for innovative program grants to enhance educational opportunities. It modifies civil liability protections for law enforcement officers acting in good faith and introduces changes to the county-optional property tax refund program, expanding eligibility based on income criteria. The bill also stipulates that remaining funds in the Wyoming stable token administration account will be distributed quarterly to the public school foundation program account, with an effective date of July 1, 2025.