WyomingSF 382025 General SessionSenateWALLET

AN ACT relating to the administration of the government; amending the calculation of investment performance for purposes of performance compensation for investment staff; making conforming amendments; and providing for an effective date.

Sponsored By: null Appropriations

Signed by Governor

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Bill Overview

Analyzed Economic Effects

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

State investment staff bonus formula changes

The law changes how performance pay is figured for two groups: staff under the State Treasurer’s plan and staff paid under the Wyoming Retirement System and deferred compensation program. It uses a three‑year window of annual investment returns. For payments earned in fiscal years 2022 through 2025, pay uses the arithmetic average of the current year and the two prior years. For payments earned in fiscal year 2026 and after, pay uses the geometric average of the same three years. The change takes effect July 1, 2025. Depending on return swings, pay can go up or down.

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Sponsors & Cosponsors

Sponsor

  • null Appropriations

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 104 • No: 0

House vote 3/4/2025

H 3rd Reading:Passed 60-0-2-0-0

Yes: 60 • No: 0

House vote 2/25/2025

H03 - Revenue:Recommend Do Pass 9-0-0-0-0

Yes: 9 • No: 0

Senate vote 1/22/2025

S 3rd Reading:Passed 30-0-1-0-0

Yes: 30 • No: 0

Senate vote 1/17/2025

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

Yes: 5 • No: 0

Actions Timeline

  1. Governor Signed SEA No. 0079

    3/17/2025Governor
  2. Assigned Chapter Number 148

    3/17/2025
  3. H 3rd Reading:Passed 60-0-2-0-0

    3/4/2025House
  4. Assigned Number SEA No. 0079

    3/4/2025
  5. S President Signed SEA No. 0079

    3/4/2025Senate
  6. H Speaker Signed SEA No. 0079

    3/4/2025House
  7. H 2nd Reading:Passed

    3/3/2025House
  8. H COW:Passed

    2/28/2025House
  9. H03 - Revenue:Recommend Do Pass 9-0-0-0-0

    2/25/2025House
  10. H Placed on General File

    2/25/2025House
  11. H Introduced and Referred to H03 - Revenue

    2/19/2025House
  12. S 3rd Reading:Passed 30-0-1-0-0

    1/22/2025Senate
  13. H Received for Introduction

    1/22/2025House
  14. S 2nd Reading:Passed

    1/21/2025Senate
  15. S COW:Passed

    1/20/2025Senate
  16. S02 - Appropriations:Recommend Do Pass 5-0-0-0-0

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

    1/17/2025Senate
  18. S Introduced and Referred to S02 - Appropriations

    1/14/2025Senate
  19. S Received for Introduction

    12/19/2024Senate
  20. Bill Number Assigned

    12/12/2024

Bill Text

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