WY HB0164

Creates the Wyoming generational investment account as a permanent/perpetual trust fund to be invested by the state treasurer, with a target risk profile of 85% private equity and 15% private credit investments

Requires annual transfers of $100 million from the legislative stabilization reserve account beginning July 1, 2026, provided the reserve account maintains at least $1 billion after the transfer

Locks principal contributions permanently—annual transfers cannot be withdrawn from the account

Investment earnings become available for withdrawal 20 fiscal years after each annual transfer is made, with earnings split 50% to the general fund and 50% back to the legislative stabilization reserve account

Effective immediately upon enactment