NEWS RELEASE
Majority of the Wyoming House of Representatives
Wyoming House Advances Legislation to Address
Education Deficit
House Bill 173 Includes Reductions, Diversion, Federal Funding and Back-Up Half-Penny ‘Insurance Policy’ to Correct Structural Revenue Shortfall
(Cheyenne, WY) — The Wyoming
House of Representatives advanced legislation on Tuesday that takes a full-picture
approach to solving the state’s K-12 Education funding deficit. House Bill 173
would leverage spending reductions, revenue diversions, federal stimulus
funding and a potential half-percent sales tax for education, triggered if
state reserves were to fall below a critical level, to close structural revenue
shortfalls.