WyomingSF 102025 General SessionSenateWALLET

AN ACT relating to children; authorizing parents and guardians to enter into binding settlements on behalf of their minor children as specified; specifying limits on parental or guardian settlement authority; amending the value of property that may be delivered on a child's behalf; authorizing the entry of binding settlements on a minor child's behalf as specified; making conforming amendments; providing a cause of action; specifying applicability; and providing for an effective date.

Sponsored By: null Judiciary

Signed by Governor

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

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

Higher transfer limits for children's money

Beginning July 1, 2025, Wyoming raises the annual payment limit without a conservator from $5,000 to $25,000; the property-value limit also rises to $25,000. The payer cannot use this rule knowing a conservator is appointed or proceedings to appoint one are pending. A separate rule lets a parent entitled to custody receive up to $25,000 for a child, up from $3,000. The child must have no estate guardian, and the parent must swear in writing that the child's total estate is no more than $25,000. The parent must hold and use the money or property for the child's benefit.

Children can sue over mishandled settlements

For settlements entered on or after July 1, 2025, Wyoming gives children a legal claim against their parent, guardian, or conservator. Children can sue when that person fails to manage or use settlement money for their sole benefit. The right also covers failing to reasonably check the claim, falsely saying it is no more than $25,000, or breaking other settlement requirements.

Parents can settle children's smaller claims

For settlements entered on or after July 1, 2025, a parent, guardian, or conservator can settle a Wyoming minor's claim without prior court approval. The child must not be emancipated, and no guardian or conservator can have previously been appointed to represent the child. Both the settlement paid to the child and the claim must be $25,000 or less; the claim limit excludes fees, costs, and related expenses. The representative must reasonably check the claim and swear that it meets the claim limit and, to their knowledge, fully compensates the child or further recovery from the settling party is unlikely. Money must go to the representative or a trust or account for the child's benefit and be used for the child; signing binds the child like an adult, without further court review.

Sponsors & Cosponsors

Sponsor

  • null Judiciary

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 128 • No: 35

House vote • 3/4/2025

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

Yes: 60 • No: 0

House vote • 3/3/2025

Amendment failed 25-35-2-0-0

Yes: 25 • No: 35

House vote • 2/24/2025

H01 - Judiciary:Recommend Do Pass 9-0-0-0-0

Yes: 9 • No: 0

Senate vote • 1/28/2025

S 3rd Reading:Passed 29-0-2-0-0

Yes: 29 • No: 0

Senate vote • 1/23/2025

S01 - Judiciary:Recommend Do Pass 5-0-0-0-0

Yes: 5 • No: 0

Actions Timeline

  1. Assigned Chapter Number 142

    3/13/2025
  2. Governor Signed SEA No. 0080

    3/13/2025Governor
  3. H Speaker Signed SEA No. 0080

    3/4/2025House
  4. S President Signed SEA No. 0080

    3/4/2025Senate
  5. Assigned Number SEA No. 0080

    3/4/2025
  6. H 3rd Reading:Passed 60-0-2-0-0

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

    3/3/2025House
  8. H 2nd Reading:Laid Back

    2/28/2025House
  9. H COW:Passed

    2/27/2025House
  10. H Placed on General File

    2/24/2025House
  11. H01 - Judiciary:Recommend Do Pass 9-0-0-0-0

    2/24/2025House
  12. H Introduced and Referred to H01 - Judiciary

    2/19/2025House
  13. H Received for Introduction

    1/28/2025House
  14. S 3rd Reading:Passed 29-0-2-0-0

    1/28/2025Senate
  15. S 2nd Reading:Passed

    1/27/2025Senate
  16. S COW:Passed

    1/24/2025Senate
  17. S Placed on General File

    1/23/2025Senate
  18. S01 - Judiciary:Recommend Do Pass 5-0-0-0-0

    1/23/2025Senate
  19. S Introduced and Referred to S01 - Judiciary

    1/15/2025Senate
  20. S Received for Introduction

    12/19/2024Senate
  21. Bill Number Assigned

    12/2/2024

Bill Text

Related Bills

Back to State Legislation