Wyoming2025Inactive

HB0291

Financial Institution Discrimination

Last scannedOct 22, 2026, 2:19 AM

In one sentence

The bill allows the secretary of state to create and publish a list of financial institutions that discriminate against energy companies, requiring these institutions to be removed from contracts with Wyoming's state treasurer and auditor.

Authorizes the secretary of state to prepare and maintain a list of financial institutions engaged in discrimination against energy companies based on fossil fuel activities or associations.
Requires notice to financial institutions before being included on this list, allowing them an opportunity to demonstrate they are not boycotting energy companies.
Specifies that the state treasurer and auditor must refuse to enter into banking contracts with any institution listed.

Financial institutions engaged in discrimination against energy companies based on fossil fuel activities or associations.
The secretary of state, responsible for maintaining and publishing the list.
Wyoming's state treasurer and auditor, who must refuse to contract with listed financial institutions.

The bill does not specify how to determine if a boycott is based on a reasonable business purpose.
It is unclear what happens if an institution disagrees with its inclusion on the list and refuses to comply with removal requirements.
The bill was marked as inactive, meaning it did not move forward in the current session.

Plain language

Boycott: When a financial institution discriminates against an energy company without a reasonable business purpose because of its fossil fuel activities or associations.
Restricted Financial Institution List: A list maintained by the secretary of state that includes financial institutions boycotting or discriminating against energy companies.

Official record

Source checked

Official activity