School foundation program reserve account-investments.

HB 208 allows Wyoming's school foundation program reserve account to be invested in stocks and other equities, previously restricted to other investments. It changes the rule so that investment earnings from these accounts are deposited back into the reserve account itself, rather than the general state fund. This directly affects Wyoming's K-12 school funding system by potentially growing the reserve through market investments. The bill takes effect July 1, 2023, and requires investments to follow state investment laws focused on safety, liquidity, and balanced returns.