The proposed amendment to the Wyoming Constitution aims to transfer the responsibility of constructing public school facilities from the state to local school districts. Under the new Article 7, Section 24, local school districts will be primarily responsible for providing school facilities through bonds or other financing methods. The amendment stipulates that any capital expenditures for public school construction must be approved by voters, and if rejected, neither the school district nor the state will be obligated to fund those projects. Additionally, the amendment includes provisions for equalizing the cost of bonds and interest, ensuring that the required mill levy does not exceed what it would be if the district's assessed valuation matched the state average.

Furthermore, the amendment allows for state funding mechanisms to support local districts, including appropriations or dedicated funding sources, and may involve a statewide mill levy to ensure equalization payments. The legislature will also have the authority to determine which capital facilities are unnecessary for education and therefore exempt from equalization. This change is intended to return the responsibility of school capital construction to local districts while providing mandatory state equalization aid to support their funding efforts. The amendment also permits the legislature to allocate additional funds to assist districts facing hardships in completing capital projects.