Wyoming2025Did Not Pass

HB0295

Invest in Wyoming Act

Last scannedOct 8, 2026, 2:41 AM

In one sentence

The bill requires the state of Wyoming to invest its public funds with investment managers based within the state and sets conditions for these managers.

Requires the state treasurer to create a list of eligible intrastate investment managers each year.
Specifies that contracts with intrastate investment managers must be approved by a majority vote of the board after considering their performance history.
Limits the amount of state funds an intrastate investment manager can manage and sets conditions for payment and reporting.
Exempts certain existing contracts from new requirements if they were signed before July 1, 2025.

The state treasurer who must oversee the selection of intrastate investment managers.
Intrastate investment managers who will manage state funds under specific conditions.
Interstate investment managers whose contracts may be affected by new requirements.

The bill did not pass, so it has no legal effect.
Existing contracts signed before July 1, 2025 are exempt from the new requirements set by this bill.

Plain language

intrastate investment manager: An investment adviser registered in Wyoming that meets certain criteria, such as having a principal place of business and employees within the state.
interstate investment manager: Any person or entity legally permitted to act as an investment manager but not based in Wyoming.

Official record

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Official activity