All Roll Calls
Yes: 117 • No: 45
WyomingSF 702025 General SessionSenate
AN ACT relating to public funds; amending specified statutory funds to remove their inviolate status in order to enhance their investment potential; establishing spending policies for specified statutory funds; providing for the investment of specified statutory funds; redirecting the deposit of investment earnings into the corpuses of specified statutory funds; removing specified statutory funds from the pool A investment account; making conforming amendments; repealing inconsistent and obsolete statutory provisions; providing for the treatment of prior deposits; and providing for an effective date.
Sponsored By: null Cap Fin & Inv
Signed by Governor
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Existing Wyoming grant money keeps prior rules
Money deposited in either trust income account before July 1, 2025, is exempt from the new annual spending limits. Those deposits remain subject to the obligations that applied before that date. This protects the prior treatment of existing cultural and wildlife grant money, without creating direct household payments.
Wyoming cultural and wildlife grants face caps
Beginning July 1, 2025, annual grant funding follows a 3% cultural trust formula and a 4% wildlife trust formula. Transfers to grant income accounts require legislative appropriation, and the formulas limit annual grants unless separately authorized. Using values measured at each fiscal year's start, the calculation uses one year for 2026, then two-, three- and four-year averages for 2027–2029, and five-year averages from 2030 onward. Special cultural gifts and funding are outside the policy unless their terms say otherwise; special wildlife funding is outside when its terms provide. Both policies exclude prior-year unspent formula funds and already committed money; legally authorized wildlife staffing and administrative costs are also excluded.
Wyoming trusts gain stock investment options
Beginning July 1, 2025, Wyoming removes the cultural and wildlife trusts' permanent, protected status. The state treasurer or a qualified designee can invest uncommitted balances in stocks, following state investment rules. Investment policies must balance returns, safety and access to cash; designees must register when federal investment-adviser law requires it. Earnings from each trust and its income account go back into the trust, rather than directly into grant accounts. Stock investments offer growth opportunities but also expose trust money to market losses.
Sponsors & Cosponsors
Sponsor
null Cap Fin & Inv
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 3/4/2025
Amendment failed 24-36-2-0-0
Yes: 24 • No: 36
House vote • 3/4/2025
H 3rd Reading:Passed 58-2-2-0-0
Yes: 58 • No: 2
House vote • 2/24/2025
H02 - Appropriations:Recommend Do Pass 7-0-0-0-0
Yes: 7 • No: 0
Senate vote • 1/22/2025
S 3rd Reading:Passed 23-7-1-0-0
Yes: 23 • No: 7
Senate vote • 1/17/2025
S02 - Appropriations:Recommend Do Pass 5-0-0-0-0
Yes: 5 • No: 0
Actions Timeline
Assigned Chapter Number 149
3/17/2025Governor Signed SEA No. 0084
3/17/2025GovernorH Speaker Signed SEA No. 0084
3/5/2025HouseS President Signed SEA No. 0084
3/4/2025SenateAssigned Number SEA No. 0084
3/4/2025H 3rd Reading:Passed 58-2-2-0-0
3/4/2025HouseH 2nd Reading:Passed
3/3/2025HouseH COW:Passed
2/28/2025HouseH Placed on General File
2/24/2025HouseH02 - Appropriations:Recommend Do Pass 7-0-0-0-0
2/24/2025HouseH Introduced and Referred to H02 - Appropriations
2/19/2025HouseH Received for Introduction
1/23/2025HouseS 3rd Reading:Passed 23-7-1-0-0
1/22/2025SenateS 2nd Reading:Passed
1/21/2025SenateS COW:Passed
1/20/2025SenateS Placed on General File
1/17/2025SenateS02 - Appropriations:Recommend Do Pass 5-0-0-0-0
1/17/2025SenateS Introduced and Referred to S02 - Appropriations
1/14/2025SenateS Received for Introduction
1/6/2025SenateBill Number Assigned
12/31/2024
Bill Text
Enrolled
Introduced
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