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WY SF0119

WY SF0119
Strategic investments and projects account-repeal-2.


summary

Introduced
02/13/2026
In Committee
02/16/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
2026 Budget Session

Bill Summary

AN ACT relating to public funds; repealing the strategic investments and projects account; providing for the transfer from and the reversion of funds from the strategic investments and projects account; making conforming amendments; amending the disposition of investment earnings and deposits as specified; repealing obsolete provisions; and providing for an effective date.

AI Summary

This bill repeals the "strategic investments and projects account," which was a fund used for various state investments and projects, and transfers its remaining balances to the general fund by July 1, 2026, with any funds appropriated or obligated before that date to be paid from the general fund thereafter. It also makes changes to how funds are transferred to and from the Wyoming state penitentiary capital construction account, shifting the source of ten million dollars annually from the strategic investments and projects account to the general fund, and extends the period for these transfers until July 1, 2038. Additionally, earnings from the permanent Wyoming mineral trust fund that were previously credited to the strategic investments and projects account will now be credited to the legislative stabilization reserve account, and the bill repeals obsolete provisions related to these accounts, with the entire act taking effect on July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

2nd Reading:Passed (on 02/20/2026)

bill text


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