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WY SF0119

Bill

Status

Vetoed

3/9/2026

Primary Sponsor

Larry Hicks

Click for details

Origin

Senate

2026 Budget Session

AI Summary

  • Repeals the strategic investments and projects account, with all funds (except Wyoming state penitentiary capital construction account funds) transferring to the general fund on July 1, 2026

  • Creates an annual appropriation of 45% of certain permanent mineral trust fund earnings from the legislative stabilization reserve account to the public school foundation program account, beginning fiscal year 2027

  • Increases the limit on governor's recommended appropriations from the legislative stabilization reserve account from 5% to 20% of the account balance

  • Redirects excess permanent mineral trust fund earnings (between 2.5% and the spending policy amount) to the legislative stabilization reserve account instead of the repealed strategic investments and projects account

  • Requires the state auditor to report to the joint appropriations committee on transferred amounts by October 31, 2026 and October 31, 2027

Legislative Description

Strategic investments and projects account-repeal-2.

Last Action

Governor Vetoed SEA No. 0029

3/9/2026

Committee Referrals

Minerals, Business & Economic Development2/24/2026
Appropriations2/13/2026

Full Bill Text

No bill text available