Bill > SF0169

This bill repeals the Strategic Investments and Projects Account (SIPA) and makes several related changes to Wyoming state financial management. Specifically, the bill transfers all remaining funds in the SIPA to the general fund as of July 1, 2026, with some exceptions. The Wyoming State Penitentiary Capital Construction Account will now receive transfers from the general fund instead of SIPA, with $10 million to be transferred annually from fiscal year 2027 through 2038. The bill also makes specific one-time transfers: $10 million to the Department of State Parks and Cultural Resources for a state shooting complex, and $9 million to the Department of Corrections for security system integration. Additionally, the bill modifies how investment earnings from the Permanent Wyoming Mineral Trust Fund are allocated, removing references to the now-defunct SIPA. The state auditor is required to report to the Joint Appropriations Committee about these transfers in October 2026 and 2027. Most provisions of the bill will take effect on July 1, 2026, with some sections becoming effective immediately upon the bill becoming law.

Budget and Finance

https://www.wyoleg.gov/Legislation/2025/SF0169