Back to Wyoming
Wyoming2026Vetoed

SF0119

Repealing Strategic Investments and Projects Account

Last scannedAug 25, 2026, 2:25 AM

In one sentence

This bill removes a special fund called the strategic investments and projects account, moves its remaining funds to other accounts by July 1, 2026, and revises limits on how much money can be taken out of another important fund each year.

What it does

  • Removes the strategic investments and projects account.
  • Moves leftover funds in this account to the general fund by July 1, 2026.
  • Revises limits on budget recommendations for the legislative stabilization reserve account.

Who it affects

  • The state government and its agencies will no longer use the strategic investments and projects account.

Limits and unknowns

  • The governor vetoed this bill, so its rules are not currently active.
  • It is unclear if the legislature will try to override the governor's veto.

Plain language

Terms to know

Strategic Investments and Projects Account
A specific account where the state kept money for important projects. This bill removes it.
Legislative Stabilization Reserve Account
An account that holds extra funds to help with budgeting needs in tough times.

Official record

Sources

Validated

Public statements

Why lawmakers voted

Last checked Aug 7, 12:43 AM

Larry Hicks

R · S11

Voted Yes

Why they voted this way

The lawmaker explains that the bill restores statutory authority for the governor to profile a percentage of funds, which is substantively similar to historical practices under the repealed SIPA account.

Public statementFloor statement at 32:34 Watch the statement

Lloyd Larsen

R · H54

Voted No

Why they voted this way

The lawmaker supports the second amendment because it ensures stability by allowing the full five percent spending policy to go to the general fund, protecting against revenue shortfalls.

Public statementFloor statement at 1:13:58 Watch the statement

John Bear

R · H31

Voted Yes

Why they voted this way

The lawmaker opposes the second amendment because a guaranteed spending rate would force the reserve account to be drained quickly if investment returns fall short, undermining long-term financial stability.

Public statementFloor statement at 1:16:03 Watch the statement

J.T. Larson

R · H17

Voted No

Why they voted this way

The lawmaker supports the second amendment because failing to pass it would mean locking funds in an inaccessible account, forcing future cuts that could have been avoided by using investments now.

Public statementFloor statement at 1:19:59 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the third amendment because he wants to maintain a five percent spending guarantee split between the general fund and the reserve account, even though it still eliminates SIPA.

Public statementFloor statement at 1:23:03 Watch the statement

J.T. Larson

R · H17

Voted Yes

Why they voted this way

The lawmaker opposes the bill because he believes the current account has served the state well by clearly funding specific projects like schools and facilities without being secretive.

Public statementFloor statement at 23:58 Watch the statement

J.R. Riggins

R · H59

Voted Yes

Why they voted this way

The lawmaker reiterates opposition, arguing the bill restricts revenue needed for current services and school construction by draining the legislative stabilization reserve account.

Public statementFloor statement at 26:03 Watch the statement

Larry Hicks

R · S11

Voted Yes

Why they voted this way

The lawmaker supports the bill because it simplifies the budgetary process by eliminating a convoluted method of funneling money, thereby increasing transparency.

Public statementFloor statement at 46:28 Watch the statement

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

Wyoming roll calls

Recorded votes

7 roll calls

Did Not Override Veto 20-10-1-0-02026-03-11 · Senate20 yes 10 no
S Concur:Passed 30-1-0-0-02026-03-02 · Senate30 yes 1 no
H 3rd Reading:Passed 39-19-4-0-02026-02-27 · House39 yes 19 no
H09 - Minerals:Recommend Do Pass 8-0-1-0-02026-02-25 · House8 yes 0 no
S 3rd Reading:Passed 31-0-0-0-02026-02-23 · Senate31 yes 0 no
S02 - Appropriations:Recommend Do Pass 4-0-1-0-02026-02-16 · Senate4 yes 0 no
S Introduced and Referred to S02 - Appropriations 27-4-0-0-02026-02-13 · Senate27 yes 4 no

Official activity

Bill history

  1. Governor Vetoed SEA No. 0029 Governor
  2. H Speaker Signed SEA No. 0029House
  3. S President Signed SEA No. 0029Senate
  4. Assigned Number SEA No. 0029LSO
  5. S Concur:Passed 30-1-0-0-0Senate
  6. S Received for ConcurrenceSenate
  7. H 3rd Reading:Passed 39-19-4-0-0House
  8. H 2nd Reading:PassedHouse
  9. H COW:PassedHouse
  10. H Placed on General FileHouse
  11. H09 - Minerals:Recommend Do Pass 8-0-1-0-0House
  12. H Introduced and Referred to H09 - MineralsHouse
  13. H Received for IntroductionHouse
  14. S 3rd Reading:Passed 31-0-0-0-0Senate
  15. S 2nd Reading:PassedSenate
  16. S COW:PassedSenate
  17. S Placed on General FileSenate
  18. S02 - Appropriations:Recommend Do Pass 4-0-1-0-0Senate
  19. S Introduced and Referred to S02 - Appropriations 27-4-0-0-0Senate
  20. S Received for IntroductionSenate

Changes

Amendments

7 stored

SF0119H2001

Failed 2nd reading by Representative Harshman

SF0119H3001

Adopted 3rd reading by Representative Bear

SF0119H3002

Failed 3rd reading by Representative Larson, JT

SF0119H3003

Failed 3rd reading by Representative Harshman

SF0119S2001

Adopted 2nd reading by Senator Steinmetz

SF0119SW001

Withdrawn Committee of the Whole by Senator Gierau

SF0119VT001

S Failed Veto Override