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HB0270

Changes to Spending Policy for Wyoming Mineral Trust Fund

Last scannedOct 9, 2026, 2:19 AM

In one sentence

The bill modifies the spending policy for earnings from the investment of permanent funds in Wyoming by reducing the annual spending limit and creating a reserve account.

What it does

  • Reduces the annual spending limit on earnings from the permanent mineral trust fund from 5% to 4.5%. This reduction will continue until fiscal year 2026 when it decreases further by 0.05% each year for five years, eventually settling at 4.75%.
  • Creates a new reserve account within the permanent Wyoming mineral trust fund where funds are invested and managed by the state treasurer.

Who it affects

  • The state treasurer who manages investments and transfers within the permanent Wyoming mineral trust fund.
  • Government agencies that rely on funding derived from earnings of the permanent mineral trust fund.
  • Residents of Wyoming who benefit from public services funded by these earnings.

Limits and unknowns

  • The bill is marked as inactive and has not been passed into law.
  • Details on how the reduced spending policy will impact specific state programs are not provided in the summary text.

Plain language

Terms to know

Permanent Mineral Trust Fund
A financial reserve in Wyoming dedicated to long-term investment and sustainable funding for various state purposes.
Spending Policy Amount
The maximum amount of money that can be spent from the earnings of a trust fund each fiscal year, as determined by law.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 3, 9:34 AM

Couldn't find a published reason.

Wyoming roll calls

Recorded votes

2 roll calls

H 3rd Reading:Passed 33-26-3-0-02025-02-04 · House33 yes 26 no
H02 - Appropriations:Recommend Do Pass 6-1-0-0-02025-01-27 · House6 yes 1 no

Official activity

Bill history

  1. S:Died in Committee Returned Bill Pursuant to SR 5-4Senate
  2. S No report prior to CoW CutoffSenate
  3. S Introduced and Referred to S02 - AppropriationsSenate
  4. S Received for IntroductionSenate
  5. H 3rd Reading:Passed 33-26-3-0-0House
  6. H 2nd Reading:PassedHouse
  7. H 2nd Reading:Laid BackHouse
  8. H COW:PassedHouse
  9. H Placed on General FileHouse
  10. H02 - Appropriations:Recommend Do Pass 6-1-0-0-0House
  11. H Introduced and Referred to H02 - AppropriationsHouse
  12. H Received for IntroductionHouse
  13. Bill Number AssignedLSO

Changes

Amendments

2 stored

HB0270H2001

The amendment creates a new reserve account within the permanent Wyoming mineral trust fund that ensures specified distributions are funded, with specific rules for transferring funds and calculating spending limits.

HB0270H3001

The amendment modifies spending policies for earnings from permanent mineral trust funds, adjusting percentages for distribution to other accounts over time.