All Roll Calls
Yes: 102 • No: 0
WyomingSF 972025 General SessionSenateWALLET
AN ACT relating to the uniform trust code; clarifying the definition of "qualified trustee"; specifying who is required to receive notice for judicial proceedings related to trusts; specifying that no rule of perpetuities applies to noncharitable purpose trusts; specifying when a trustee can reimburse a person for certain tax costs attributable to the trust; specifying applicability; and providing for an effective date.
Sponsored By: Cale Case (Republican)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 2 benefits, 0 costs, 3 mixed.
No time limit for purpose trusts
Beginning July 1, 2025, Wyoming removes common‑law time limits for noncharitable purpose trusts. These trusts can last indefinitely unless another statute says otherwise.
Trusts can cover owner’s tax bill
Beginning July 1, 2025, a trustee can pay or reimburse the personal income tax of a person treated as the trust’s owner. The paying trustee cannot be the settlor or anyone related or subordinate to the settlor under federal rules. An independent trustee can opt out in writing. Trustees can also make tax elections and decide how capital gains count for trust income. Trustees may not use these powers if that would make the trust lose a claimed federal tax benefit. These payments do not, by themselves, make the trust part of the settlor’s estate.
Narrower notice in Wyoming trust cases
Beginning July 1, 2025, courts and trustees give notice only to the people defined as “interested persons.” People outside that group do not get formal notice.
New trust rules start July 1, 2025
The act applies to trusts created or becoming subject to Wyoming law on or after July 1, 2025. Trusts formed earlier keep the old rules.
Stricter rules on Wyoming trust trustees
Beginning July 1, 2025, a qualified trustee must be authorized in Wyoming or be a regulated financial institution that operates in Wyoming. Nonresident individuals and unauthorized entities cannot serve. The settlor cannot be the qualified trustee unless disinterested people must approve discretionary payouts.
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Sponsors & Cosponsors
Sponsor
Cale Case
Republican • Senate
Cosponsors
Martha Lawley
Republican • House
Tara Nethercott
Republican • Senate
Jared Olsen
Republican • Senate
Roll Call Votes
House vote • 3/3/2025
H 3rd Reading:Passed 60-0-2-0-0
Yes: 60 • No: 0
House vote • 2/24/2025
H09 - Minerals:Recommend Do Pass 8-0-1-0-0
Yes: 8 • No: 0
Senate vote • 2/3/2025
S 3rd Reading:Passed 31-0-0-0-0
Yes: 31 • No: 0
Senate vote • 1/27/2025
S09 - Minerals:Recommend Do Pass 3-0-2-0-0
Yes: 3 • No: 0
Actions Timeline
Governor Signed SEA No. 0066
3/5/2025GovernorAssigned Chapter Number 115
3/5/2025H 3rd Reading:Passed 60-0-2-0-0
3/3/2025HouseAssigned Number SEA No. 0066
3/3/2025S President Signed SEA No. 0066
3/3/2025SenateH Speaker Signed SEA No. 0066
3/3/2025HouseH 2nd Reading:Passed
2/28/2025HouseH COW:Passed
2/27/2025HouseH09 - Minerals:Recommend Do Pass 8-0-1-0-0
2/24/2025HouseH Placed on General File
2/24/2025HouseH Introduced and Referred to H09 - Minerals
2/18/2025HouseS 3rd Reading:Passed 31-0-0-0-0
2/3/2025SenateH Received for Introduction
2/3/2025HouseS 2nd Reading:Passed
1/31/2025SenateS COW:Passed
1/30/2025SenateS09 - Minerals:Recommend Do Pass 3-0-2-0-0
1/27/2025SenateS Placed on General File
1/27/2025SenateS Introduced and Referred to S09 - Minerals
1/22/2025SenateS Received for Introduction
1/10/2025SenateBill Number Assigned
1/8/2025
Bill Text
Enrolled
Introduced
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