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Wyoming2024Did Not Pass

SF0070

Modernizing Investment Rules for State Funds

Last scannedOct 24, 2026, 2:19 AM

In one sentence

This act aims to change how certain state funds are managed and invested, allowing more flexibility while ensuring they remain protected.

What it does

  • Removes the inviolate status of specific statutory funds to allow them to be invested in a way that maximizes returns without risking their core value.
  • Establishes spending policies for these funds based on a percentage of their market value, allowing for more predictable and sustainable funding for grants.
  • Redirects investment earnings back into the main fund rather than pooling them separately.

Who it affects

  • State agencies and organizations managing cultural, historical, and wildlife trust funds in Wyoming.

Limits and unknowns

  • This bill did not pass in its session.
  • It does not specify how much money will actually be available for grants each year beyond setting rules on calculation methods.
  • The exact impact on investment returns and fund stability is uncertain without implementation.

Plain language

Terms to know

Inviolable
Protected from being used or changed without special permission.
Corpus
The main part of a fund that is protected and not to be spent, only the earnings can be used.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 8, 5:22 AM

Couldn't find a published reason.

Wyoming roll calls

Recorded votes

6 roll calls

H: Request for return of Bill from Senate pursuant to JR 19-1 Failed 28-33-1-0-02024-03-05 · House28 yes 33 no
H 3rd Reading:Failed 36-24-2-0-02024-03-04 · House36 yes 24 no
H02 - Appropriations:Recommend Do Pass 7-0-0-0-02024-02-27 · House7 yes 0 no
S 3rd Reading:Passed 30-0-1-0-02024-02-19 · Senate30 yes 0 no
S02 - Appropriations:Recommend Do Pass 4-0-1-0-02024-02-14 · Senate4 yes 0 no
S Introduced and Referred to S02 - Appropriations 31-0-0-0-02024-02-13 · Senate31 yes 0 no

Official activity

Bill history

  1. H: Request for return of Bill from Senate pursuant to JR 19-1 Failed 28-33-1-0-0House
  2. H 3rd Reading:Failed 36-24-2-0-0House
  3. H 2nd Reading:PassedHouse
  4. H 2nd Reading:Laid BackHouse
  5. H COW:PassedHouse
  6. H Placed on General FileHouse
  7. H02 - Appropriations:Recommend Do Pass 7-0-0-0-0House
  8. H Introduced and Referred to H02 - AppropriationsHouse
  9. H Received for IntroductionHouse
  10. S 3rd Reading:Passed 30-0-1-0-0Senate
  11. S 2nd Reading:PassedSenate
  12. S COW:PassedSenate
  13. S Placed on General FileSenate
  14. S02 - Appropriations:Recommend Do Pass 4-0-1-0-0Senate
  15. S Introduced and Referred to S02 - Appropriations 31-0-0-0-0Senate
  16. S Received for IntroductionSenate
  17. Bill Number AssignedLSO