WyomingSF 1682025 General SessionSenateWALLET

AN ACT relating to public funds; repealing the budget reserve account; providing for the transfer from and the reversion of funds from the budget reserve account; making conforming amendments; repealing obsolete language; requiring reports; and providing for an effective date.

Sponsored By: Larry Hicks (Republican)

Became Law

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Extra cash saved in stabilization reserve

On June 30, 2028, and at the end of every two‑year budget after that, the state moves extra general fund cash into the legislative stabilization reserve. The transfer equals the unobligated, unencumbered general fund balance above the amount set in W.S. 9‑2‑1012(e). This creates an automatic savings rule to help the state handle future budget shocks.

Budget reserve ends; funds shift to general fund

Beginning July 1, 2026, the state ends the budget reserve account. On that date, the auditor moves all money left in that account to the general fund. Any unspent obligations that were charged to the old reserve are now paid from the general fund. From July 1, 2026 forward, any reversions, accrued revenues, repayments, and interest that once flowed to the reserve now go to the general fund. The law also repeals the old statutory pieces tied to those reserve deposits. The auditor must report the transfer amounts to the Joint Appropriations Committee by October 31, 2026 and again by October 31, 2027.

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Sponsors & Cosponsors

Sponsor

  • Larry Hicks

    Republican • Senate

Cosponsors

  • Bill Allemand

    Republican • House

  • Abby Angelos

    Republican • House

  • John Bear

    Republican • House

  • Scott Heiner

    Republican • House

  • Chip Neiman

    Republican • House

  • Ken Pendergraft

    Republican • House

  • Scott Smith

    Republican • House

  • Ogden Driskill

    Republican • Senate

  • Mike Gierau

    Democratic • Senate

  • Dan Laursen

    Republican • Senate

  • Tara Nethercott

    Republican • Senate

  • Tim Salazar

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 87 • No: 15

House vote 2/20/2025

H 3rd Reading:Passed 45-15-2-0-0

Yes: 45 • No: 15

House vote 2/13/2025

H02 - Appropriations:Recommend Do Pass 6-0-1-0-0

Yes: 6 • No: 0

Senate vote 1/31/2025

S 3rd Reading:Passed 31-0-0-0-0

Yes: 31 • No: 0

Senate vote 1/28/2025

S02 - Appropriations:Recommend Do Pass 5-0-0-0-0

Yes: 5 • No: 0

Actions Timeline

  1. Became Law without Signature

    2/27/2025
  2. Assigned Chapter Number 63

    2/27/2025
  3. H Speaker Signed SEA No. 0021

    2/24/2025House
  4. S President Signed SEA No. 0021

    2/21/2025Senate
  5. H 3rd Reading:Passed 45-15-2-0-0

    2/20/2025House
  6. Assigned Number SEA No. 0021

    2/20/2025
  7. H 2nd Reading:Passed

    2/19/2025House
  8. H COW:Passed

    2/18/2025House
  9. H02 - Appropriations:Recommend Do Pass 6-0-1-0-0

    2/13/2025House
  10. H Placed on General File

    2/13/2025House
  11. H Introduced and Referred to H02 - Appropriations

    2/10/2025House
  12. S 3rd Reading:Passed 31-0-0-0-0

    1/31/2025Senate
  13. H Received for Introduction

    1/31/2025House
  14. S 2nd Reading:Passed

    1/30/2025Senate
  15. S COW:Passed

    1/29/2025Senate
  16. S02 - Appropriations:Recommend Do Pass 5-0-0-0-0

    1/28/2025Senate
  17. S Placed on General File

    1/28/2025Senate
  18. S Received for Introduction

    1/24/2025Senate
  19. S Introduced and Referred to S02 - Appropriations

    1/24/2025Senate
  20. Bill Number Assigned

    1/23/2025

Bill Text

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