All Roll Calls
Yes: 119 • No: 12
WyomingSF 1452025 General SessionSenate
AN ACT relating to public funds; authorizing specified local governments to invest in equities as specified; specifying requirements for investments in equities; specifying applicability; authorizing actions; and providing for effective dates.
Sponsored By: Tara Nethercott (Republican)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Wyoming local governments gain stock investment options
Beginning July 1, 2025, specified Wyoming local governments, including municipalities and special districts, can invest public funds in stocks. They must first wait for the Wyoming State Loan and Investment Board to adopt investment policies, then follow those policies. The policies must include conditions comparable to the public-fund investment rules in W.S. 9-4-715 and 9-4-716. Political subdivisions that use this authority must create an investment advisory board. The investing government bears all risks, so its public funds can gain or lose money. These investments are exempt from W.S. 9-4-831(a)(xxviii) and W.S. 9-1-419 requirements. The new authority also covers the state treasurer without limiting or changing the treasurer’s existing authority to invest state funds in stocks. Implementation duties took effect upon enactment, requiring the state treasurer and state board to take all necessary actions.
Sponsors & Cosponsors
Sponsor
Tara Nethercott
Republican • Senate
Cosponsors
Elissa Campbell
Republican • House
Tom Kelly
Republican • House
Cody Wylie
Republican • House
Ed Cooper
Republican • Senate
Gary Crum
Republican • Senate
Dan Dockstader
Republican • Senate
Bill Landen
Republican • Senate
Roll Call Votes
Senate vote • 2/27/2025
S Concur:Passed 27-2-2-0-0
Yes: 27 • No: 2
House vote • 2/26/2025
H 3rd Reading:Passed 54-6-2-0-0
Yes: 54 • No: 6
House vote • 2/20/2025
H02 - Appropriations:Recommend Amend and Do Pass 7-0-0-0-0
Yes: 7 • No: 0
Senate vote • 2/10/2025
S 3rd Reading:Passed 27-3-1-0-0
Yes: 27 • No: 3
Senate vote • 1/29/2025
S07 - Corporations:Recommend Amend and Do Pass 4-1-0-0-0
Yes: 4 • No: 1
Actions Timeline
Assigned Chapter Number 96
3/3/2025Governor Signed SEA No. 0056
3/3/2025GovernorH Speaker Signed SEA No. 0056
2/27/2025HouseS President Signed SEA No. 0056
2/27/2025SenateAssigned Number SEA No. 0056
2/27/2025S Concur:Passed 27-2-2-0-0
2/27/2025SenateS Received for Concurrence
2/27/2025SenateH 3rd Reading:Passed 54-6-2-0-0
2/26/2025HouseH 2nd Reading:Passed
2/25/2025HouseH COW:Passed
2/24/2025HouseH Placed on General File
2/20/2025HouseH02 - Appropriations:Recommend Amend and Do Pass 7-0-0-0-0
2/20/2025HouseH Introduced and Referred to H02 - Appropriations
2/12/2025HouseH Received for Introduction
2/10/2025HouseS 3rd Reading:Passed 27-3-1-0-0
2/10/2025SenateS 2nd Reading:Passed
2/7/2025SenateS COW:Passed
2/6/2025SenateS Placed on General File
1/29/2025SenateS07 - Corporations:Recommend Amend and Do Pass 4-1-0-0-0
1/29/2025SenateS Introduced and Referred to S07 - Corporations
1/24/2025SenateS Received for Introduction
1/21/2025SenateBill Number Assigned
1/20/2025
Bill Text
Engrossed
Enrolled
Introduced
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