Bill > HB0095

This bill creates a new "school generational account" within Wyoming's permanent land fund, designed to be a long-term investment vehicle for supporting public schools. The account will be inviolate (permanently protected) and will be invested primarily in private equity (85%) and private credit (15%) with the goal of generating high, risk-adjusted returns over an extended period. Earnings from the account cannot be withdrawn for at least 22 years, after which point they can only be appropriated by the legislature specifically for the public school foundation program. The bill appropriates $100 million from the sale of state school trust lands to initially fund the account, with the intention of leveraging investment strategies that historically provide higher returns through the power of compounding. The state treasurer will manage the account's investments, focusing on preserving the account's balance while seeking the highest possible returns consistent with safety and liquidity. Additionally, the bill makes technical amendments to existing statutes to accommodate this new account and its income account, ensuring proper legal framework and oversight for this innovative approach to long-term educational funding.

Budget and Finance

Select Capital Financing & Investments (Other)

https://www.wyoleg.gov/Legislation/2025/HB0095