All Roll Calls
Yes: 105 • No: 0
WyomingHB 692025 General SessionHouse
AN ACT relating to corporations, partnerships and associations; amending the grounds for administrative dissolution, revocation and forfeiture to include foreign adversary ownership or control as specified; and providing for an effective date.
Sponsored By: null Corporations
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Foreign-adversary-controlled entities face new Wyoming operating limits
Beginning July 1, 2025, Wyoming’s Secretary of State can dissolve Wyoming corporations, including nonprofits, for foreign-adversary ownership or control. The state can also revoke out-of-state corporations’ authority to do business, including nonprofits. The rule covers foreign governments or nongovernment persons designated by the U.S. Commerce Secretary under 15 C.F.R. 791.4(a) or its replacement. LLCs can lose their operating authority or formation documents when the company or any member has that ownership or control. Statutory foundations face the same penalties when the foundation, its founder, or an authorized representative has that ownership or control. For foundations, forfeiture must also serve the public interest. These new grounds do not apply when the Committee on Foreign Investment in the United States has approved the ownership or control.
Sponsors & Cosponsors
Sponsor
null Corporations
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 2/18/2025
S 3rd Reading:Passed 31-0-0-0-0
Yes: 31 • No: 0
Senate vote • 2/12/2025
S07 - Corporations:Recommend Do Pass 5-0-0-0-0
Yes: 5 • No: 0
House vote • 1/27/2025
H 3rd Reading:Passed 61-0-1-0-0
Yes: 61 • No: 0
House vote • 1/20/2025
H07 - Corporations:Recommend Do Pass 8-0-1-0-0
Yes: 8 • No: 0
Actions Timeline
Assigned Chapter Number 7
2/24/2025Governor Signed HEA No. 0009
2/24/2025GovernorS President Signed HEA No. 0009
2/19/2025SenateH Speaker Signed HEA No. 0009
2/18/2025HouseAssigned Number HEA No. 0009
2/18/2025S 3rd Reading:Passed 31-0-0-0-0
2/18/2025SenateS 2nd Reading:Passed
2/14/2025SenateS COW:Passed
2/13/2025SenateS Placed on General File
2/12/2025SenateS07 - Corporations:Recommend Do Pass 5-0-0-0-0
2/12/2025SenateS Introduced and Referred to S07 - Corporations
2/10/2025SenateS Received for Introduction
1/27/2025SenateH 3rd Reading:Passed 61-0-1-0-0
1/27/2025HouseH 2nd Reading:Passed
1/24/2025HouseH COW:Passed
1/23/2025HouseH Placed on General File
1/20/2025HouseH07 - Corporations:Recommend Do Pass 8-0-1-0-0
1/20/2025HouseH Introduced and Referred to H07 - Corporations
1/15/2025HouseH Received for Introduction
1/2/2025HouseBill Number Assigned
12/20/2024
Bill Text
Enrolled
Introduced
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