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Wyoming2006Did Not Pass

HB0045

State Legislative Stabilization Reserve Account

Last scannedOct 19, 2026, 2:19 AM

In one sentence

This bill proposes creating a specific state fund to hold money, requiring a two-thirds vote to spend it, and moving existing funds into this new account.

What it does

  • Creates a new state legislative stabilization reserve account number one.
  • Requires a two-thirds vote from each house of the legislature to spend money from the account.
  • Prevents spending from the account until the results of the 2006 general election are certified.
  • Requires the state treasurer to invest the funds to get the highest return possible while keeping the original money safe.
  • Moves funds from a previous legislative stabilization reserve account into this new account.
  • Sends any earnings from investments to the state general fund.

Who it affects

  • The Wyoming State Legislature
  • The State Treasurer
  • State legislative stabilization reserve account number one

Limits and unknowns

  • The bill did not pass and failed introduction in the House.
  • The bill depends on the approval of a separate constitutional amendment by voters.
  • The bill text is marked as a working draft.

Plain language

Terms to know

Stabilization reserve account
A specific fund set aside to hold money for future use.
Corpus
The original principal amount of money in the fund.
General fund
The main pool of money used for state government operations.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 7, 2:15 PM

Voted No

Why they voted this way

The lawmaker opposes the bill because they do not understand why a two-thirds vote is required to access funds instead of a simple majority or sixty percent.

Public statementFloor statement at 28:46 Watch the statement
Voted No

Why they voted this way

The lawmaker supports introducing the bill to establish a rainy day account but plans to offer an amendment later to remove the two-thirds voting requirement.

Public statementFloor statement at 35:28 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

1 roll call

Official activity

Bill history

  1. H Failed IntroductionHouse
  2. H Received for IntroductionHouse
  3. Bill Number AssignedLSO