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SF0169

Repealing Strategic Investments and Projects Account

Last scannedAug 25, 2026, 2:25 AM

In one sentence

This law removes a special fund called the Strategic Investments and Projects Account (SIPA) and moves its money to other places.

What it does

  • Removes the Strategic Investments and Projects Account (SIPA).
  • Transfers $10 million from SIPA to the Department of State Parks and Cultural Resources for a shooting complex.
  • Moves funds from the Wyoming State Penitentiary Capital Construction Account within SIPA to the Department of Corrections for security system improvements.

Who it affects

  • The state government, particularly departments and agencies that received funding from SIPA or were involved in its management.

Limits and unknowns

  • The exact impact on future funding for SIPA-supported projects is unclear.
  • Details about the transfer of funds from SIPA are subject to interpretation based on the Governor's line-item vetoes.

Plain language

Terms to know

Strategic Investments and Projects Account (SIPA)
A special fund created by the Wyoming Legislature to support various construction and maintenance projects.
Permanent Wyoming Mineral Trust Fund
A trust fund that holds mineral revenues for long-term investment and spending according to specific rules.

Official record

Sources

Validated

Official summary

Bill Summary - 25LSO-0713 Bill No.: SF0169 Effective: Immediately LSO No.: 25LSO-0713 Enrolled Act No.: SEA No. 0098 Chapter No.: 161 Prime Sponsor: Hicks Catch Title: Strategic investments and projects account-repeal. Has Report: Yes Subject: Funding in the Strategic Investments and Projects Account. Summary/Major Elements: In 2013, the Legislature created the Strategic Investments and Projects Account (SIPA). The account has received various revenues, and funds in the account have been expended for, among other things, construction and maintenance projects. This act, as line-item vetoed by the Governor, appears to require that all earnings in excess of two and one‑half percent (2.5%) of the previous five (5) year average market value of the Permanent Wyoming Mineral Trust Fund be transferred to the SIPA. Previously, those excess earnings were distributed in equal amounts to the SIPA and the Legislative Stabilization Reserve Account. The act requires a transfer of ten million dollars ($10,000,000.00) from the SIPA to the Department of State Parks and Cultural Resources for the siting, construction, operation, and maintenance of the Wyoming State Shooting Complex. As stated in the Governor's veto letter, the Governor intends for this act, as line-item vetoed, to require a transfer of the Wyoming State Penitentiary Capital Construction Account to the Department of Corrections for purposes of the Department's security systems. Comments: The Governor exercised line-item vetoes in this act. Originally, the enrolled act repealed the Strategic Investments and Projects Account on July 1, 2026 (with funds in the SIPA being transferred to the general fund) and provided for a transfer of only nine million dollars ($9,000,000.00) from the Wyoming State Penitentiary Capital Construction Account to the Department of Corrections. Through the exercise of the line-item vetoes, this act is effective immediately. The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.

Public statements

Why lawmakers voted

Last checked Aug 11, 5:58 PM

Tim French

R · S18

Voted No

Why they voted this way

The lawmaker opposes concurrence to allow for further discussion regarding a specific project in the northwest corner of the state and transfers from the prison construction account.

Public statementFloor statement at 40:48 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment as a way to honor previous commitments and release funds already expended on the project, despite believing that using this account for such projects is not the legislature's role.

Public statementFloor statement at 2:04:04 Watch the statement

John Winter

R · H28

Voted Yes

Why they voted this way

The lawmaker supports the amendment because Cody is the best location for the complex, which would benefit local manufacturers of shooting equipment who are in favor of it.

Public statementFloor statement at 2:05:23 Watch the statement

Mike Schmid

R · H20

Voted No

Why they voted this way

The lawmaker opposes the amendment because he believes it is not the function of the state or legislature to get involved in projects that compete with private businesses.

Public statementFloor statement at 2:07:34 Watch the statement

Paul Hoeft

R · H25

Voted Yes

Why they voted this way

The lawmaker supports the amendment as an innovative way to move forward with a project that benefits shooting sports and provides income for communities, noting it will not affect his local gun club.

Public statementFloor statement at 2:12:19 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment because she believes there are no businesses in the industry opposed to the complex and views it as a unique, well-vetted opportunity for the state.

Public statementFloor statement at 2:20:00 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because he believes a previous legislative body cannot obligate a future body regarding fund allocation, urging members to vote their conscience.

Public statementFloor statement at 2:23:51 Watch the statement

J.R. Riggins

R · H59

Voted Yes

Why they voted this way

The lawmaker supports the amendment because he believes it fulfills a requirement from 2023 legislation and will drive economic development similar to other successful complexes.

Public statementFloor statement at 2:27:25 Watch the statement

JD Williams

R · H02

Voted Yes

Why they voted this way

The lawmaker supports the amendment because three of the counties mentioned are in their house district, and they believe it is necessary to address safety issues for employees after a previous budget failure.

Public statementFloor statement at 2:36:05 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment to ensure it is constitutional under the single subject rule and because they believe using a website like eBay for prison equipment bids is insufficient for community safety.

Public statementFloor statement at 2:36:44 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment for division two as it focuses on keeping people safe and doing the right thing.

Public statementFloor statement at 2:41:00 Watch the statement
Voted Yes

Why they voted this way

The lawmaker recommends voting yes to restore the entire amendment after realizing their previous concern about confusing language was misplaced.

Public statementFloor statement at 2:45:44 Watch the statement

Mike Yin

D · H16

Voted Yes

Why they voted this way

The lawmaker supports the amendment as a clarifying measure to ensure the penitentiary account is not accidentally drained when repealing SIPA.

Public statementFloor statement at 2:49:13 Watch the statement

Tom Kelly

R · H30

Voted Yes

Why they voted this way

The lawmaker supports the amendment because they believe it is well thought out and necessary given the late stage of the session.

Public statementFloor statement at 2:54:12 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment because they find the financial details simple enough to understand.

Public statementFloor statement at 2:54:52 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment to prevent a quarter billion dollar revenue cut in the biennial budget and a seven percent reduction for schools.

Public statementFloor statement at 2:55:29 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the bill without amendment because it would cause a significant revenue loss, forcing cuts to schools and health services. He supports the amendment to maintain guaranteed funding streams for these critical areas.

Public statementFloor statement at 1:42:18 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the bill to simplify the budget by removing automatic transfers that obscure where money is going, allowing for better oversight and decision-making.

Public statementFloor statement at 1:46:38 Watch the statement

Abby Angelos

R · H03

Voted No

Why they voted this way

The lawmaker supports the amendment because eliminating the account would have resulted in a significant loss of funds for the permanent mineral trust fund reserve.

Public statementFloor statement at 1:49:02 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment because it is necessary to fund the school foundation program and meet constitutional obligations after losing a court case.

Public statementFloor statement at 1:54:47 Watch the statement

Rob Geringer

R · H42

Voted No

Why they voted this way

The lawmaker supports the amendment because it organizes funds responsibly by prioritizing savings and school funding rather than allowing money to disappear into a general spending account.

Public statementFloor statement at 1:59:11 Watch the statement

Lloyd Larsen

R · H54

Voted Yes

Why they voted this way

The lawmaker supports the amendment to guarantee revenue for schools, noting that without it, pressure on the general fund could lead to underfunding education in violation of court rulings.

Public statementFloor statement at 2:01:35 Watch the statement

JD Williams

R · H02

Voted Yes

Why they voted this way

The lawmaker supports the amendment because it aligns with previous reasons discussed and makes a significant difference for safety.

Public statementFloor statement at 2:10:51 Watch the statement

J.T. Larson

R · H17

Voted Yes

Why they voted this way

The lawmaker opposes the amendment because they believe it is inconsistent with previous actions where similar amendments were removed.

Public statementFloor statement at 2:19:40 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment because they believe using this specific bill as a vehicle for funding is inappropriate.

Public statementFloor statement at 2:20:18 Watch the statement

Tom Kelly

R · H30

Voted No

Why they voted this way

The lawmaker opposes the amendment because while they support keeping promises, they believe this specific method violates constitutional principles.

Public statementFloor statement at 2:21:55 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment because they believe it is unconstitutional, similar to other items previously rejected.

Public statementFloor statement at 2:22:15 Watch the statement

Mike Yin

D · H16

Voted Yes

Why they voted this way

The lawmaker supports the amendment because they believe this bill is an appropriate vehicle for transferring funds from SIPA.

Public statementFloor statement at 2:22:56 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes the amendment because they believe their oath to the Constitution takes precedence over diverting funds for this project.

Public statementFloor statement at 2:24:17 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the amendment as a way of releasing previously committed funding and supporting the firearm industry.

Public statementFloor statement at 2:25:57 Watch the statement
Voted Yes

Why they voted this way

The lawmaker opposes the amendment because they believe it raises constitutional questions similar to a previous bill that was rejected.

Public statementFloor statement at 2:26:37 Watch the statement

Bob Davis

R · H47

Voted Yes

Why they voted this way

The lawmaker supports the amendment because it is a necessary avenue to secure funding after other options have been exhausted.

Public statementFloor statement at 2:28:34 Watch the statement

Dalton Banks

R · H26

Voted Yes

Why they voted this way

The lawmaker supports the amendment because they believe it falls within constitutional limits regarding fund reversions and is a good vehicle for this purpose.

Public statementFloor statement at 2:29:32 Watch the statement

Paul Hoeft

R · H25

Voted Yes

Why they voted this way

The lawmaker supports the amendment because they believe it is too late to stop the project now and it needs a boost to get started.

Public statementFloor statement at 2:30:35 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment because they believe it is constitutional and necessary to keep promises made to communities.

Public statementFloor statement at 2:31:16 Watch the statement

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

Wyoming roll calls

Recorded votes

12 roll calls

H Adopted SF0169JC002: 38-15-9-0-02025-03-06 · House38 yes 15 no
S Adopted SF0169JC002: 19-9-3-0-02025-03-06 · Senate19 yes 9 no
S Concur:Failed 1-30-0-0-02025-03-05 · Senate1 yes 30 no
H 3rd Reading:Passed 46-14-2-0-02025-03-04 · House46 yes 14 no
Amendment failed 28-33-1-0-02025-03-04 · House28 yes 33 no
Amendment adopted 34-27-1-0-02025-03-04 · House34 yes 27 no
Amendment adopted 42-19-1-0-02025-03-04 · House42 yes 19 no
Amendment failed 21-40-1-0-02025-03-03 · House21 yes 40 no
Amendment failed 20-40-2-0-02025-03-03 · House20 yes 40 no
H02 - Appropriations:Recommend Do Pass 7-0-0-0-02025-02-25 · House7 yes 0 no
S 3rd Reading:Passed 29-1-1-0-02025-02-11 · Senate29 yes 1 no
S02 - Appropriations:Recommend Do Pass 5-0-0-0-02025-02-03 · Senate5 yes 0 no

Official activity

Bill history

  1. Assigned Chapter Number 161LSO
  2. Governor Signed and Line Item VetoedGovernor
  3. H Speaker Signed SEA No. 0098House
  4. S President Signed SEA No. 0098Senate
  5. Assigned Number SEA No. 0098LSO
  6. Pursuant to JR 2-1(c): H Appointed JCC02 MembersHouse
  7. Pursuant to JR 2-1(c):S Appointed JCC02 MembersSenate
  8. H Appointed JCC01 MembersHouse
  9. S Appointed JCC01 MembersSenate
  10. S Concur:Failed 1-30-0-0-0Senate
  11. S Received for ConcurrenceSenate
  12. H 3rd Reading:Passed 46-14-2-0-0House
  13. H 2nd Reading:PassedHouse
  14. H 2nd Reading:Laid BackHouse
  15. H COW:PassedHouse
  16. H Placed on General FileHouse
  17. H02 - Appropriations:Recommend Do Pass 7-0-0-0-0House
  18. H Introduced and Referred to H02 - AppropriationsHouse
  19. H Received for IntroductionHouse
  20. S 3rd Reading:Passed 29-1-1-0-0Senate

Changes

Amendments

12 stored

SF0169H2001

This amendment modifies how funds are distributed from the strategic investments and projects account by changing where certain funds go, adding new rules for transferring money to other accounts, and specifying percentages for these transfers.

SF0169H2002

The amendment adds an appropriation of $18 million from the Wyoming state penitentiary capital construction account for integrating the department's security system and adjusts the effective dates of certain sections.

SF0169H2003

The amendment adds a new section to allocate $3 million from a specific account for the Wyoming state shooting complex and adjusts the effective dates of certain sections in the bill.

SF0169H3001

The amendment modifies the bill to allow for specific expenditures from a certain account and includes provisions for transferring funds to another account.

SF0169H3002

The amendment adds a new section that appropriates $18 million from the Wyoming state penitentiary capital construction account to the Department of Corrections for integrating its security system and sets rules for transferring funds and their effective dates.

SF0169H3002.01

This amendment removes a previous third reading amendment from the bill and adds language about effective dates.

SF0169H3002.02

The amendment adds a new section that appropriates $18 million from the Wyoming state penitentiary capital construction account to integrate the Department of Corrections' security system and adjusts the effective date for certain sections of the act.

SF0169H3003

The amendment changes a specific line to exclude certain funds from being transferred or reverted when repealing the Strategic Investments and Projects Account.

SF0169H3004

This amendment modifies how funds are distributed from the strategic investments and projects account by changing where certain funds go, adding new rules for transferring money to other accounts, and specifying percentages for these transfers.

SF0169S2001

The amendment creates a new reserve account called the Permanent Wyoming Mineral Trust Fund Reserve Account, which will hold funds that are intended to be inviolate and constitute a permanent trust fund.

SF0169JC001

This amendment requests the appointment of a second conference committee because the first one could not agree on a report.

SF0169JC002

The amendment modifies an act to transfer specific amounts from a strategic investments and projects account to other departments for particular purposes and sets effective dates.