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
4 provisions identified: 1 benefits, 0 costs, 3 mixed.
Pre-2025 deposits keep old rules
Money placed in either income account before July 1, 2025 is not subject to the new annual limits. Those deposits keep their earlier terms and obligations. New deposits after that date follow the new spending rules.
New cultural trust and 3% limit
The law creates the Wyoming Cultural Trust Fund and an income account. The state treasurer invests the money, including stocks when allowed. Starting July 1, 2025, yearly grants are capped at 3% of the fund’s average value. FY2026 uses a single‑year value, then a two‑year average in FY2027, three‑year in FY2028, four‑year in FY2029, and five‑year from FY2030 on. Grant spending from the income account needs legislative approval, with limited exceptions. Grants go to nonprofit and government cultural, historical, and arts groups.
Old fund rules repealed
The law repeals several older statute subsections tied to these funds. This removes conflicts and obsolete rules under the new trust and spending framework.
Wildlife trust with 4% spending rule
The law creates the Wyoming Wildlife and Natural Resource Trust and an income account. The state treasurer invests the trust balance. Starting July 1, 2025, yearly spending equals 4% of a multi‑year average value. FY2026 uses a single‑year value, then a two‑year average in FY2027, three‑year in FY2028, four‑year in FY2029, and five‑year from FY2030 on. Money can pay staffing and projects for habitat, open space, water, mitigation, and wildlife‑livestock conflict and disease work. Grants are for nonprofits and governments only. Funds cannot buy fee‑title land the state would hold or state water rights. Approved small projects have continuous access to the income account within the spending limit. Spending is subject to legislative approval.
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
Governor Signed SEA No. 0084
3/17/2025GovernorAssigned Chapter Number 149
3/17/2025H Speaker Signed SEA No. 0084
3/5/2025HouseH 3rd Reading:Passed 58-2-2-0-0
3/4/2025HouseAssigned Number SEA No. 0084
3/4/2025S President Signed SEA No. 0084
3/4/2025SenateH 2nd Reading:Passed
3/3/2025HouseH COW:Passed
2/28/2025HouseH02 - Appropriations:Recommend Do Pass 7-0-0-0-0
2/24/2025HouseH Placed on General File
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
1/20/2025SenateS02 - Appropriations:Recommend Do Pass 5-0-0-0-0
1/17/2025SenateS Placed on General File
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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