HJ 5 Wyoming House · 2022 Regular Session

Permanent Mineral Trust Fund-investments and distributions.

This bill proposes amending Wyoming's constitution to clarify management of the Permanent Wyoming Mineral Trust Fund (PWMTF). It requires all earnings from fund investments to be transferred annually to a separate earnings fund (currently not specified in the constitution), rather than being deposited directly into the general fund. The amendment also mandates that any losses from investments or loans made from the fund's principal (corpus) must be replaced by the Legislature, ensuring the fund's principal remains intact. This directly affects how Wyoming manages mineral tax revenues - derived from coal, oil, and gas extraction - protecting the fund's long-term stability for future generations.
Bill status failed 3 of 5 stages cleared
Introduction
Feb 2022
Committee Review
Mar 2022
House Passage
Feb 2022
Senate Passage
Governor
Introduced Feb 16, 2022 Last action Mar 9, 2022
Floor votes · House Feb 24, 2022

How they voted

4313
Passed · 2 other
Total votes 58
Feb 24, 2022
D Democratic7
7 Yea
100% Yea
I Independent1
1 Yea
100% Yea
N Libertarian1
1 Yea
100% Yea
R Republican49
34 Yea 13 Nay 2
69% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
15
Key actions
4
Committee
2
Mar 4, 2022
Upper · Passed
S02 - Appropriations:Recommend Amend and Do Pass 4-1-0-0-0
upper
Feb 25, 2022
Introduced
S Introduced and Referred to S02 - Appropriations
upper
Feb 24, 2022
Lower · Passed
H 3rd Reading:Passed 44-14-2-0-0
lower
Feb 19, 2022
Lower · Passed
H COW:Passed
lower
Feb 17, 2022
Lower · Passed
H02 - Appropriations:Recommend Do Pass 7-0-0-0-0
lower
Feb 16, 2022
Introduced
H Introduced and Referred to H02 - Appropriations 56-3-1-0-0
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.