HB 170 Wyoming House · 2023 Regular Session

Public funds-reserves and spending policy.

HB 170 establishes a spending policy for Wyoming's Wildlife and Natural Resource Trust Account, limiting annual withdrawals to 5% of the trust's five-year average market value (phased in over 2024-2028). It also modifies how funds flow to the Wyoming's Tomorrow Scholarship endowment, requiring transfers back to the endowment when the scholarship expenditure account exceeds 9% of its five-year average market value. The bill directly affects state financial management of these two trust funds, ensuring spending aligns with long-term fund values. Key mechanisms include the phased calculation method for the wildlife trust's spending limit and the 9% threshold for scholarship fund transfers.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2023 Last action Feb 7, 2023
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
3
Feb 7, 2023
Committee
H COW:H Did not consider for COW
lower
Feb 3, 2023
Lower · Passed
H03 - Revenue:Recommend Amend and Do Pass 6-3-0-0-0
lower
Jan 30, 2023
Committee
:Rerefer to H03 - Revenue
lower
Jan 19, 2023
Introduced
H Introduced and Referred to H06 - Travel
lower
1 primary · 5 co-sponsors

Sponsors